Riyad Bank (1010)

• Stock
• Company Profile
• News
• Announcements
• Fair Values
• Corporate Actions
• Earning Announcements
• News Reports
• Major Shareholders
• Volume Statistics
• Financial Ratios
• IPOs
• Financial Statements
• Support and resistance
• More

News

20 December 2022 02:53 PM Nama Chemicals secures SAR 90m loans from Riyad Bank, NBK

Riyadh – Mubasher: Nama Chemicals Company obtained SAR 90 million facilities from Riyad Bank and the National Bank of Kuwait (NBK) on 19 December 2022, according to a bourse disclosure. The Saudi firm penned a Murabaha facility deal worth SAR 60 …

Sukuk and Islamic Finance

20 December 2022 11:11 AM Riyad Bank’s board proposes SAR 0.65/shr dividend for H2-22

Riyadh – Mubasher: The board of Riyad Bank recommended a cash dividend distribution after Zakat of SAR 0.65 per share, representing 6.50% of the share nominal value, for the second half (H2) of 2022. The bank would disburse a total of SAR 1.95 …

Cash Dividends

23 November 2022 01:15 PM Sumou Real Estate raises facility limit from Riyad Bank to SAR 286m

Riyadh – Mubasher: Sumou Real Estate Company penned a Sharia-compliant facility agreement with Riyad Bank to increase its loan limit to SAR 286 million from SAR 50 million. The firm will use the funding to issue letters of guarantee, according to …

Real estate

31 October 2022 03:06 PM Riyad Bank announces new Chairman, Vice Chairman

Riyadh – Mubasher: Riyad Bank has named Abdullah Mohammed Al Issa as the new Chairman of the board for the next three years, according to a bourse disclosure. In addition, the Saudi lender appointed Mutaz Kusai Al Azzawi as the Vice Chairman. The …

Management Decisions

23 October 2022 02:45 PM Tadweer secures SAR 25m loan from Riyad Bank

Riyadh – Mubasher: National Environmental Recycling Company (Tadweer) has penned a Sharia-compliant facility agreement worth SAR 25 million with Riyad Bank, according to a recent bourse filing. The funding includes a revolving facility worth SAR 5 …

Companies Investments

23 October 2022 09:55 AM Riyad Bank's profits near SAR 5bn in 9M-22

Riyadh – Mubasher: Riyad Bank witnessed a 13.22% year-on-year (YoY) surge in net profit to SAR 4.99 billion during the first nine months (9M) of 2022, versus SAR 4.40 billion. Earnings per share (EPS) stood at SAR 1.64 in the January-September …

Financial Results

6 October 2022 04:23 PM Riyad Bank secures SAR 3.75bn from Additional Tier 1 capital Sukuk offering

Riyadh – Mubasher: Riyad Bank closed the offering of SAR-denominated Additional Tier 1 capital Sukuk on 5 October 2022 at a total value of SAR 3.75 billion through a private placement. Based on the minimum denomination and total issue size, the …

Banking and Finance

8 September 2022 08:34 AM Riyad Bank starts offering Additional Tier 1 capital Sukuk

Riyadh – Mubasher: Riyad Bank started on Thursday issuing SAR-denominated Additional Tier 1 capital Sukuk by way of a private placement in Saudi Arabia. The amount and terms of the Sukuk offer will be determined as per market conditions, according …

Companies Investments

4 August 2022 01:57 PM Riyad Bank’s profits up 10.5% in H1-22 interim results

Riyadh – Mubasher: Riyad Bank has recorded net profits worth SAR 3.16 billion during the first half (H1) of 2022, higher by 10.44% than SAR 2.86 billion in H1-21. Earnings per share (EPS) stood at SAR 1.05 in the first six months (6M) of 2022, …

Banking and Finance

18 July 2022 03:29 PM Riyad Bank to disburse SAR 0.5/shr dividend for H1-22

Riyadh – Mubasher: The board of Riyad Bank has announced a cash dividend distribution after Zakat worth SAR 0.50 per share, representing 5% of the share nominal value, for the first half (H1) of 2022. The Saudi lender will pay out a total of SAR …

Board of Directors

20 June 2022 05:55 PM Sumou Real Estate secures SAR 50m loan from Riyadh Bank

Riyadh – Mubasher: Sumou Real Estate Company has signed a Sharia-compliant facility agreement worth SAR 50 million with Riyadh Bank. The Saudi listed company obtained the loan on 19 June this year to issue letters of credit and guarantee, …

Banking and Finance

9 June 2022 03:48 PM Alkhorayef Water inks SAR 257m financing agreement with Riyad Bank

Riyadh – Mubasher: Alkhorayef Water and Power Technologies Company has signed an agreement to obtain Sharia-compliant financing worth SAR 256.96 million from Riyad Bank. Valid until 30 December 2024, these facilities will be used to finance the …

Banking and Finance

2 June 2022 05:53 PM Tarabut Gateway unveils partnerships with Saudi listed banks

Riyadh – Mubasher: Tarabut Gateway, MENA’s open banking platform, has announced four partnerships with Riyad Bank, Saudi British Bank (SABB), Alinma Bank, and Banque Saudi Fransi. The contracts come in line with Tarabut Gateway’s objective to …

Banking and Finance

26 April 2022 04:06 PM Riyad Bank records over SAR 1.5bn net profits in Q1-22 initial financials

Riyadh – Mubasher: Riyad Bank has generated SAR 1.55 billion in net profit during the first quarter (Q1) of 2022, up by 14.69% from SAR 1.35 billion in Q1-21. Earnings per share went up to SAR 0.52 in January-March 2022 from SAR 0.45 in the same …

Banking and Finance

14 March 2022 08:57 AM Jadwa Investment launches SAR 3bn real estate growth fund

Riyadh - Mubasher: Jadwa Investment, an investment management and advisory company, has launched a Shariah-compliant real estate growth fund, in partnership with Tatweer Group, NUMU Holding Company, and Riyad Bank. With a target size of SAR 3 …

Companies Investments

6 March 2022 04:25 PM Riyad Bank's net profits rise 28% in 2021

Riyadh – Mubasher: Riyad Bank's net profits grew by 27.78% year-on-year (YoY) to SAR 6.02 billion in 2021, compared to SAR 4.71 billion. The earnings per share (EPS) stood at SAR 2.01 last year, versus SAR 1.57 in 2020, the financial results …

Financial Results

24 February 2022 08:56 PM Alkhorayef Water secures SAR 295m loan from Riyad Bank

Riyadh – Mubasher: Alkhorayef Water and Power Technologies Company has signed a Sharia-aligned financing agreement with Riyad Bank at a total value of SAR 295 million on 23 February. The Islamic loan is valid until 30 December 2024, guaranteed by …

Banking and Finance

21 February 2022 09:38 AM SASCO inks SAR 504m facility with Riyad Bank

Riyadh – Mubasher: The Saudi Automotive Services Company (SASCO) has inked a Sharia-compliant bank facility agreement worth SAR 504 million with Riyad Bank. The facilities include ten-year financing worth SAR 450 million with a hedging limit of …

Mergers and Acquisitions

10 February 2022 02:23 PM Riyad Bank raises $750m in USD-denominated Sukuk issue

Riyadh – Mubasher: Riyad Bank has secured $750 million from selling 3.75 million Sukuk notes at a par value of $200,000 each. The Saudi lender announced on 10 February the completion of its USD-denominated Tier 1 Capital Sukuk offering, which …

Banking and Finance

9 February 2022 04:49 PM Riyad Bank commences US dollar Sukuk offering

Riyadh – Mubasher: Riyad Bank has started issuing USD-denominated Tier 1 capital Sukuk to both Saudi Arabia-based and international investors. The offering has started on 9 February and will end on the 10th of the month, according to a bourse …

Banking and Finance

7 February 2022 08:51 AM Riyad Bank intends to issue US dollar Sukuk

Riyadh – Mubasher: Riyad Bank plans to offer USD-denominated Tier 1 capital Sukuk to local and international investors through a special purpose vehicle. The bank has assigned HSBC, Riyad Capital, and Standard Chartered Bank as joint lead managers …

Banking and Finance

16 December 2021 09:32 AM Riyad Bank's board proposes SAR 1.62bn dividend distribution for H2-21

Riyadh – Mubasher: The board of Riyad Bank has recommended a cash dividend distribution, equivalent to 5.4% of the capital, for the second half (H2) of 2021. The cash dividend distribution stands at SAR 0.54 per share, aggregating at a total value …

Board of Directors

27 October 2021 03:30 PM Riyad Bank’s Q3 profits soar 19%

Riyadh – Mubasher: Riyad Bank reported a year-on-year (YoY) increase of 19% in net profits to SAR 1.54 billion during the third quarter (Q3) of 2021 from SAR 1.29 billion. On a quarterly basis, the net profits in Q3-21 were 2% higher than SAR 1.51 …

Financial Results

20 September 2021 03:47 PM National Building secures SAR 100m from Riyad Bank

Riyadh – Mubasher: National Building and Marketing Company has signed a Sharia-compliant credit facility agreement worth SAR 100 million with Riyad Bank. The loan duration is three months starting 20 September 2021, according to a bourse …

Banking and Finance

11 August 2021 09:11 AM Al Kathiri Holding’s unit secures SAR 6m loan from Riyad Bank

Riyadh – Mubasher: Alian Industry Company, a subsidiary of Al Kathiri Holding Company, has signed an agreement with Riyad Bank to obtain a credit facility worth SAR 6 million. The loan duration is one year that can be renewed later, according to a …

Banking and Finance