Riyad Bank - Company Profile
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Riyad Bank (Riyad Bank) is a leading financial institution that offers a wide range of banking and financial solutions. The bank engages in providing a comprehensive range of banking products and services compliant with Islamic Sharia. Its offerings include retail and corporate banking services, investment banking, and asset management. The bank serves a diverse customer base, including individuals, small and medium-sized enterprises, and large corporations across various sectors. It operates through a network of branches, ATMs, and electronic banking channels. Riyad Bank has a presence in Saudi Arabia, with international offices in London, Houston, and Singapore, targeting both local and global markets. Riyad Bank is headquartered in Riyadh, Saudi Arabia.
Headquarters
Saudi Arabia
Address
Al Shuhada District - Eastern Ring Road, Granada Oasis -Tower (A1), P.O Box 22622, Riyadh, 11416
Website
www.riyadbank.com
Telephone
966 1 14013030
No of Employees
7,130
Industry
Financial Services
Ticker Symbol & Exchange
1010 (SAU)
Revenue (2024)
$9.1B
12.6%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
11.7%
(2024 vs 2023)
Market Cap*
$21.2B
Net Profit Margin (2024)
XYZ
-0.8%
(2024 vs 2023)
* As of and is in US$
Riyad Bank premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Current Accounts | Personal Financial Planning | Riyad Bank |
| Savings Accounts | Payment Services | |
| Time Deposits | Islamic Banking | |
| XYZ | XYZ | |
| XYZ | XYZ | |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | New Products/Services | In October, the bank introduced its new Dream credit card in Saudi Arabia. |
| 2025 | Contracts/Agreements | In September, the bank signed an agreement with the Saudi Export-Import Bank to help local small and medium-sized enterprises in their export activities. |
| 2025 | Contracts/Agreements | In February, the bank entered into an agreement with the UN Principles for Responsible Banking to improve sustainable banking practices. |
Competitor Comparison
| Key Parameters | Riyad Bank | Saudi National Bank | Al Rajhi Banking & Investment Corp | Saudi Awwal Bank | Banque Saudi Fransi |
|---|---|---|---|---|---|
| Headquarters | Saudi Arabia | Saudi Arabia | Saudi Arabia | Saudi Arabia | Saudi Arabia |
| City | Riyadh | Riyadh | Riyadh | Riyadh | Riyadh |
| State/Province | Riyadh | Riyadh | Riyadh | Riyadh | Riyadh |
| No. of Employees | 7,130 | 15,338 | 24,712 | 5,226 | 3,146 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Mutaz Kusai Al-Azzawi | Vice Chairman | Executive Board | - | - |
| Abdullah Ali Al-Oraini | Chief Financial Officer | Senior Management | 2019 | - |
| Abdulaziz Abdullah Al-Askar | Chief Risk Officer | Senior Management | 2023 | - |
| Houssam Humaidan Alhumaidan | Chief Compliance Officer | Senior Management | - | - |
| Mohammed Abo Al-Naja | Chief Corporate Banking Officer | Senior Management | 2018 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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