Riyad Bank

Detailed Description

Riyad Bank provides various banking products and services in the Kingdom of Saudi Arabia. It operates through Retail Banking, Corporate Banking, Treasury and Investments, and Investment Banking and Brokerage segments. The Retail Banking segment offers deposits, credit, and investment products for individuals and small to medium sized businesses. The Corporate Banking segment offers current accounts, deposits, loans, overdrafts, and other credit facilities. The Treasury and Investments segment offers money market, trading, and treasury and derivative products and services, as well as manages investment portfolios. The Investment Banking and Brokerage segment provides investment management services; and asset management services related to dealing, managing, arranging, advising, and custody of securities. The company also provides mortgage, personal, and auto leasing products; Islamic banking products and services; and digital banking services. In addition, it owns, buys, and sells real estate; and acts as an agent for insurance products. The company operates through a network of approximately 340 branches in the Kingdom of Saudi Arabia; a branch in London, the United Kingdom; an agency in Houston, the United States; a representative office in Singapore; 2,242 ATMs; and 138,511 points of sale. Riyad Bank was founded in 1957 and is headquartered in Riyadh, the Kingdom of Saudi Arabia.