Press Releases

This story appears in the Special Custom G20 Edition of Forbes Middle East.

In recent years Saudi Arabia has encouraged consolidation in its banking sector to create stronger entities that are able to support the role of the private sector and help the kingdom diversify its oil-dependent economy.

King Abdullah Economic City, November 8, 2020: Riyadh Bank and King Abdullah Economic City have signed a joint cooperation agreement today, at a signing ceremony held in the Economic City, in the presence of Mr. Tariq bin Abdulrahman Al-Sadhan, CEO of Riyadh Bank, and Mr. Ahmed Ibrahim Linjawi, CEO of King Abdullah Economic City.

Riyad and Tokyo - Riyad Bank, a listed company on the Saudi Arabia Stock Exchange in the Kingdom of Saudi Arabia, and JCB International Co., Ltd., the international operations subsidiary of JCB Co., Ltd., announced that Riyad Bank had signed a partnership agreement with JCBI to enable the acceptance of JCB cards at all Point of Sale systems, online and ATMs throughout the Kingdom of Saudi Arabia.

Riyad Bank is pleased to notify the bank's shareholders that they can vote remotely on the Ordinary General Meeting Agenda items, which will be held at 07:30 PM on Wednesday 25 March 2020 corresponding to 01/08/1441H.

Due to our belief in the importance financial sector role in supporting activities, programs and plans that promote sustainable development in the Kingdom, Riyad Bank and the Saudi tourism development fund signed an agreement.