Press Releases

The minister of Housing, Majed bin Abdullah Al Hogail, honored Riyad Bank for winning the “Best Real Estate Development Program” award for 2015, which is a new achievement added to Riyad Bank after obtaining SAMA’s first approval among all banks on Off-Plan Financing.

Riyad Bank participated in RESTATEX, Riyadh Real Estate, Housing and Urban Development Exhibition starting from 24th of April until 27th of April under the patronage of Housing Minister Majed Al-Hugail, with the participation of the Ministry of Commerce and Industry, as well as a number of elite real estate and financing companies, and Saudi and Gulf banks.

Riyad Bank launched its new personal finance campaign for pensioners of The General Organization of Social Insurance and The Public Pension Agency, which allows them an opportunity to get special offers on personal finance with the best prices and a wide range of benefits.

Riyad Bank held its annual Branch Managers Meeting on Saturday 23 January 2016 in Riyadh, which was attended by senior executives at the bank, namely the Rashed Al-Abdulaziz Al-Rashed, Chairman of the Board of Directors at Riyad Bank, Talal Al-Qudaibi, Chief Executive Officer of Riyad Bank, Abdulmajeed Almobarak, Deputy Chief Executive Officer at Riyad Bank, the Bank’s executive vice presidents, the branch managers of different regions across the Kingdom, and the area managers.

Riyad Bank launched a Supplementary Mortgage Finance program in collaboration with The Real Estate Development Fund as an ideal financing option for a vast segment of customers looking for owning the appropriate house with flexible financing solutions in accordance with the policies of the Bank and The Real Estate Development Fund.