Moon Banking

Riyad Bank

in Saudi Arabia 🇸🇦

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About Riyad Bank in Saudi Arabia

Riyad Bank is one of the largest financial institutions in Saudi Arabia and the Middle East, ranked fourth by assets among Saudi banks. Established in 1957, the bank operates as a universal bank providing comprehensive Islamic Sharia-compliant products and services to both retail and corporate customers, including small and medium-sized enterprises. With a paid-up capital of SAR 30 billion and over 7,887 employees, Riyad Bank maintains one of the highest national employment rates in Saudi Arabia at 96%.

The bank serves as a leading financier and arranger of syndicated loans in the oil, petrochemicals, and infrastructure sectors throughout the Kingdom. As of December 2024, Riyad Bank reported total assets of SAR 450 billion, loans and advances of SAR 320 billion, and customer deposits of SAR 306 billion, with a net income of SAR 9.3 billion.

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