Riyad Bank: Business Overview, Financials & Competitive Analysis
Riyad Bank scores 8/10 on the AskCyborg Cyborg Score (Strong). Dominant Saudi banking franchise with government backing, strong earnings growth, and leading position in corporate/infrastructure financing drives attractive risk-adjusted returns. In 2024, Riyad Bank's revenue was 15.65 billion SAR (increase of 12.39%) with earnings of 9.00 billion SAR (increase of 16.40%). The bank maintains strong credit ratings from S&P (A/A-1).
What is Riyad Bank's industry? Riyad Bank (riyadbank.com) operates in Banks - Regional / Financial Services. AskCyborg classifies Riyad Bank under Banks - Regional / Financial Services in its company registry.
Riyad Bank is one of the largest financial institutions in Saudi Arabia, ranked fourth in assets. It operates through Retail Banking, Investment Banking and Brokerage, Corporate Banking, and Treasury and Investments s...
Cyborg Score thesis
Dominant Saudi banking franchise with government backing, strong earnings growth, and leading position in...
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Get Current Report FreeRiyad Bank Overview
Pro stress-test →Riyad Bank is one of the largest financial institutions in Saudi Arabia, ranked fourth in assets. It operates through Retail Banking, Investment Banking and Brokerage, Corporate Banking, and Treasury and Investments segments. The company was incorporated in 1957 and is based in Riyadh.
Strategic Profile
Pro stress-test →Riyad Bank is a leading financier and arranger of syndicated loans in the oil, petrochemicals, and most of the Kingdom's notable infrastructure projects. The Saudi government owns 51% of the shares of the firm, providing significant strategic backing. The bank operates a network of more than 304 branches with international offices in London, Houston (USA), and Singapore.
Competitive Landscape
Pro stress-test →Riyad Bank is the fourth-largest financial institution in Saudi Arabia by assets. It competes with other major Saudi banks including Saudi National Bank, Al Rajhi Bank, and Banco Saudi Fransi in retail and corporate banking. The bank differentiates through its strong corporate financing capabilities, infrastructure project leadership, and integrated investment banking arm.
Industry Context
Riyad Bank operates in Banks - Regional / Financial Services.
Key facts
Founded: 1957 · Headquarters: Riyadh, Saudi Arabia · Employees: 6,087 · Revenue: 15.65B SAR