Riyad Bank (1010.SR)

25.05 +0.15 (+0.60%) At close: 03:18PM AST

Riyad Bank

Granada Oasis - A1 Tower
Al Shuhada District PO Box 22622
Riyadh 11416
Saudi Arabia
966 11 4013030
https://www.riyadbank.com

Sector(s): Financial Services
Industry: Banks - Regional
Full-time employees: 6,261

Key executives

Name	Title	Pay	Exercised	Year born
Engineer Abdullah Bin Mohammed Ibrahim Al-Issa	Chairman of the Board & Head of the Strategic Planning Group	6.06M	N/A	N/A
Mr. Nadir Sami Al Koraya	President & CEO	N/A	N/A	N/A
Mr. Abdullah Ali Al-Oraini	Chief Financial Officer	N/A	N/A	N/A
Ms. Enji Ahmed Al-Ghazzawi	Chief Operating Officer	N/A	N/A	N/A
Mr. Ahmed bin Rabie Al Rowaili	General Counsel	N/A	N/A	N/A
Mr. Mazen Mohamed Khalefah	Chief Human Capital Officer	N/A	N/A	N/A
Mr. Mohammed Abo Al-Naja	Chief Corporate Banking Officer	N/A	N/A	N/A
Mr. Mazen Ghassan Pharaon	Chief Digital Officer	N/A	N/A	N/A
Ms. Haifa Othman Bin Ahmed	Chief Experience Officer	N/A	N/A	N/A
Waleed Khalid Al-Dhubaib	Chief Retail Banking Officer	N/A	N/A	N/A

Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in SAR.

Description

Riyad Bank provides banking and investment services in the Kingdom of Saudi Arabia. It operates through Retail Banking, Investment Banking and Brokerage, Corporate Banking, and Treasury and Investments 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 credit cards; trade finance, payroll solution, point of sale; and cash deposit card; student account; time deposit; sweeping; personal, auto-lease, readymade and incomplete property, home equity, self-employed, and mortgage loans; working capital, contract, capital expenditure, and project financing; syndicated loan; Islamic banking products and services; foreign exchange products; and digital banking services. In addition, it owns, buys, and sells real estate; and acts as an agent for insurance products, as well as engages in the systems analysis, application, operating systems development, hosting websites, financial technology solutions, and related activities. The company operates through a network of branches in the Kingdom of Saudi Arabia, the United Kingdom, the United States; and representative office in Singapore and ATMs. Riyad Bank was incorporated in 1957 and is headquartered in Riyadh, the Kingdom of Saudi Arabia.

Corporate governance

Riyad Bank’s ISS governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder rights: N/A; Compensation: N/A.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.