Press Releases

As part of its strategy for social responsibility "Bukra", Riyad Bank signed a partnership agreement with Madak Education, which aims to establish an academic laboratory that includes a science studio, a robotics laboratory as well as a specialized studio, which will be equipped with the latest and most advanced technical equipment, to provide quality education to more than 1000 students annually. In an environment that will be specifically designed to be attractive to distinguished and creative people, and with an innovative model that qualifies teachers and builds male and female students to be leaders who contribute effectively to the development of society.

Riyad Bank announced the bank’s recommendation to distribute cash dividends to shareholders for the year 2020, with a total amount distributed of 1,500,000,000 riyals, provided that the share per the distribution is 0.50 riyals after deducting zakat, with a distribution ratio of 5.0% to the nominal value of the share.

Riyad Bank inaugurated the new regional administration building in the western region, on Thursday evening, February 18th, in the presence of the CEO, Tariq bin Abdulrahman Al-Sadhan, the executive management and the regional director for the western region, and a number of the bank’s employees.

In partnership with Riyad Bank, the Saudi Center for Social Responsibility launched “the Treasury” initiative, which aims to spread financial awareness, warn against methods of financial fraud, and raise awareness of the importance of digital transformation of the payment system for more than 100,000 students, in addition to government agencies ability to benefit from the initiative.

Within the framework of its continuing efforts to support the Saudi Vision 2030, Riyad Bank launched the “Business Initiatives and Enablers Development Center”, which is the first center in the Kingdom and at the level of Saudi banks specialized in developing initiatives to support business enablers for government and private entities in a manner consistent to participate in achieving the goals of the Kingdom's vision 2030 and the G20 goals as well as global indicators of competitiveness and ease of business.