Press Releases

As part of its educational finance program, Riyad Bank recently signed an agreement to finance educational benefits with King Saud University, to enable graduate students at the university to deduct the costs of tuition seats without profit margin, administrative fees and concessional premiums.

As part of its strategy for social responsibility "Bukra", Riyad Bank signed a memorandum of understanding with Bab al-Khair Medical Services, one of Beit Al Batraji's community service initiatives, and aims to establish the kingdom's first non-profit hospital, as part of community partnership programs aimed at strengthening the role of the private sector to develop non-profit initiatives in line with the objectives of the Kingdom Vision 2030 programs.

The Tourism Development Fund and Riyad Bank today launched the Tourism Partners program, the first of its kind involving the public and private sectors in accordance with specific performance indicators on both sides in order to enable the development of quality tourism facilities and activities across the Kingdom with a financing value of up to 2 billion riyals to support the financing of tourism projects to be worked on in 2021.

Riyadh, Saudi Arabia: April 26, 2021: Riyad Bank announced the signing of a purchase agreement with King Abdullah Financial District (KAFD) on Monday, April 26, 2021, under which it acquires a 53-floor office tower with an estimated height of about 264 meters to become its headquarters. The agreement signed by His Excellency, the Chairman of the King Abdullah Financial District, Mr. Fahad Bin Abdulmohsen Al-Rasheed, and the Chairman of Riyad Bank, Eng. Abdullah Bin Mohammed Al-Issa, in the presence of several high-ranking Executives and Excellencies from both parties.

The Real Estate Development Fund announced today that it has signed a partnership agreement with Riyad Bank, at the fund’s headquarters in Riyadh, to provide financing and housing services to beneficiaries of the “Sakani” program within the fund’s branches around the Kingdom.