Press Releases

Under the direction of Turki Al-Sheikh, Chairman of the Board of Directors of the General Entertainment Authority, the Authority signed today a memorandum of understanding with Riyad Bank, in the framework of which work undertaken to develop initiatives to support business enablers for activities and events in the entertainment sector in the Kingdom.

Riyad Bank signed a cooperating agreement with the real estate development fund to provide support services that are related to property evaluation and technical visits to follow up with the self-build phases for the beneficiaries from the subsidized home financing at the real estate headquarter in Riyadh city. The agreement was signed by the general supervisor of the real estate development fund Mr. Mansour bin Madi and Riyad Bank CEO Mr. Tareq Alsadhan.

Within Riyad Bank expansion plan, Riyad Bank launched new branch at Almounisia district in Riyadh city, allowing its customers with a wide range of services and banking products. In which services are provided in a comfortable and friendly working environment.

As a part of the digital transformation strategy, Riyad Bank launches virtual assistant service to answer the customer’s questions about the services, products, branch locations, and ATM via WhatsApp on 920002470.

In partnership with Riyad Bank, the Saudi Center for Social Responsibility launched the (Savings Culture) initiative, which comes in cooperation with the Banking Information and Awareness Committee of Saudi Banks.