Riyad Bank (RIBL) News - Mubasher Info
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05 April 05:22 AM

Riyad Bank (1010)

Last update: 2 April 03:10 PM market time.
29.22
-0.30
-1.02%
Open 29.64
Previous Close 29.52
High 29.64
Low 29.16
Stock Statistics
Volume 2,638,264
Turnover 77,371,376.54
All data are 15 minutes late during market session

News

Earnings per share stood at SAR 0.96 in H1-21
1 August 2021 01:05 PM Riyad Bank’s net profits rise 13% in H1-21
Riyadh – Mubasher: Riyad Bank achieved a 12.8% increase in net profits after Zakat and tax to SAR 2.86 billion in the first half (H1) of 2021 from SAR 2.53 billion in H1-20. Earnings per share stood at SAR 0.96 in H1-21, compared to SAR 0.85 in …
Banking and Finance
The loan duration stands at 10 years
7 July 2021 10:23 AM Ataa Educational obtains SAR 278m from Riyad Bank
Riyadh – Mubasher: Ataa Educational Company has signed a Shariah-compliant agreement with Riyad Bank to obtain facilities worth SAR 278.25 million. The loan duration stands at 10 years from the date of signing the deal on 6 July 2021, according to …
Banking and Finance
The number of shares eligible for H1-21 dividends totals 3 billion
21 June 2021 11:08 AM Riyad Bank to distribute SAR 1.5bn dividends for H1-21
Riyadh – Mubasher: Riyad Bank will distribute a cash dividend of SAR 0.5 per share, representing 5% of the share’s par value, for the first half (H1) of 2021. The bank will pay a total of SAR 1.5 billion to the entitled shareholders on 5 July, …
Cash Dividends
FIPCO will be able to finance the working capital of the company
7 June 2021 04:56 PM FIPCO to obtain SAR 74m from Riyad Bank
Riyadh – Mubasher: Filling and Packing Materials Manufacturing Company (FIPCO) has renewed a Shariah-compliant banking facility agreement with Riyad Bank to obtain SAR 73.68 million. The financing duration is from 25 March 2021 until 25 March …
Banking and Finance
The total loan is secured by a promissory note
10 May 2021 03:08 PM MEPCO renews SAR 226m credit facilities deal with Riyad Bank
Riyadh – Mubasher: Middle East Paper Company (MEPCO) has extended a banking facilities agreement worth SAR 225.9 million with Riyad Bank, according to a bourse filing on Monday. The medium-term facilities total SAR 134.6 million and are valid for …
Banking and Finance
The non-profit hospital project is located in Makkah
3 May 2021 11:01 AM Riyad Bank signs MoU for Saudi Arabia’s first non-profit hospital
Riyadh – Mubasher: Riyad Bank penned a memorandum of understanding (MoU) with Bab Al Khair to establish the first non-profit hospital in Saudi Arabia, according to a press release. The medical facility is located in Makkah and is currently …
Banking and Finance
Photo Archive
24 March 2021 00:33 PM Riyad Bank’s OGM approves 5% dividend for 2020
Riyadh – Mubasher: The ordinary general meeting (OGM) of Riyad Bank has approved distributing cash dividends, equivalent to 5% of the capital, for 2020.  The cash dividends stand at 50 halalas per share, aggregating at a total amount of SAR 1.5 …
Banking and Finance
The repayment period of the outstanding loans will be extended by an additional six years.
28 February 2021 11:25 AM Chemanol restructures SAR 475m loans with local banks
Riyadh – Mubasher: Methanol Chemicals Company (Chemanol) penned an agreement to restructure outstanding loans worth SAR 475 million with a consortium of local banks. The banks are the Gulf International Bank (GIB), the Saudi British Bank (SABB), …
Companies Investments
Photo Archive
28 February 2021 10:04 AM Riyad Bank plans 5% dividends for 2020
Riyadh – Mubasher: The board of directors of Riyad Bank recommended a cash dividend distribution of SAR 1.5 billion or SAR 0.5 per share to shareholders for 2020. This amount represents 5% of the share’s nominal value, according to a stock …
Cash Dividends
The bank’s assets grew by 16.7% last year to SAR 310.09 billion.
21 February 2021 10:20 AM Riyad Bank posts 15.8% lower profits in 2020
Riyadh – Mubasher: Riyad Bank registered a 15.8% annual drop in net profits during 2020 at SAR 4.7 billion, compared with SAR 5.6 billion in 2019. The fall in the bank’s annual profits was driven by a rise in total operating expenses by 23.8%, …
Financial Results
The Sukuk has a 10-year maturity period
9 February 2021 04:50 PM Riyad Bank completes Tier 2 capital-eligible Sukuk issuance
Riyadh – Mubasher: Riyad Bank has completed the issuance of SAR-denominated Tier 2 capital-eligible Sukuk worth SAR 3 billion. A total of 3,000 Sukuk were offered by way of a private placement in Saudi Arabia with a nominal value of SAR 1 million, …
Sukuk and Islamic Finance
The Sukuk offering end date is 9 February 2021.
20 January 2021 09:28 AM Riyad Bank starts offering Tier 2 Sukuk
Riyadh – Mubasher: Riyad Bank began on Wednesday offering SAR-denominated Tier 2 capital-eligible Sukuk by way of a private placement in Saudi Arabia. The amount of the issue and number of Sukuk will be determined as per market conditions, …
Sukuk and Islamic Finance
The potential offer aims is to strengthen the bank’s capital base.
19 January 2021 04:42 PM Riyad Bank plans issuing Tier 2 Sukuk
Riyadh – Mubasher: Riyad Bank on Tuesday announced its intention to set up a domestic SAR-denominated Sukuk issuance programme of up to SAR 10 billion. This comes in a bid to issue and offer senior and/or subordinated Sukuk including the issuance …
Banking and Finance
MEPCO will use the loan in financing its working capital.
17 January 2021 03:47 PM MEPCO extends SAR 101m loan deal with Riyad Bank
Riyadh – Mubasher: Middle East Paper Company (MEPCO) announced renewing a Sharia-compliant credit facility agreement valued at SAR 101 million with Riyad Bank. The loan is a revolving facility renewable at the end of August of every year and is …
Companies Investments
The step will improve SASCO's cash and liquidity performance.
30 December 2020 04:23 PM SASCO renews, reschedules existing loan with Riyad Bank
Riyadh – Mubasher: Saudi Automotive Services Company (SASCO) has renewed and rescheduled an existing Sharia-compliant facility agreement with Riyad Bank to suit the company's cash flow conditions and improve the cash and liquidity performance. The …
Companies Investments
The maturity date of the new Murabaha financing is in 2027.
27 December 2020 04:44 PM Sipchem’s unit pens SAR 700m Murabaha loan deal
Riyadh – Mubasher: Sahara International Petrochemical Company (Sipchem) said that its 75%-owned subsidiary, International Polymers Company (IPC), signed a SAR 700 million Murabaha facility agreement with Riyad Bank to refinance the existing …
Banking and Finance
The loan duration is five years extendable to an additional three years.
10 December 2020 09:32 AM Riyad REIT pens SAR 540m loan deal with Riyad Bank
Riyadh – Mubasher: Riyad Capital, manager of Riyad REIT, said the fund had penned a SAR 540 million Sharia-compliant credit facility agreement with Riyad Bank. The loan duration is five years extendable to an additional three years. The facility …
Banking and Finance
Assets of 11 Tadawul-listed lenders stood at SAR 2.686 trillion in Q3-20.
19 November 2020 02:44 PM Saudi banks’ assets rise 14.1% in Q3
Riyadh – Mubasher: Assets of Saudi banks listed on the Saudi Stock Exchange (Tadawul) grew by 14.1% on a year-on-year (YoY) basis in the third quarter (Q3) of 2020, equivalent to SAR 331.615 billion ($88.43 billion).  Assets of 11 Tadawul-listed …
Financial Results
Photo Archive
12 November 2020 03:57 PM Profits of Saudi companies fall to SAR 168bn in 9M
Riyadh – Mubasher: Profits of companies listed within Tadawul’s main index plunged by 47.38% yearly, equivalent to SAR 151.2 billion, during the first nine months of the year. Net earnings of 172 listed companies amounted to SAR 167.95 billion in …
Financial Results
The decline in net profits is attributed to lower net income
1 November 2020 11:05 AM Riyad Bank sees 14% lower profits in Q3-20
Riyadh – Mubasher: Riyad Bank reported net profits after Zakat and income tax of SAR 1.296 billion during the third quarter (Q3) of 2020, down 13.9% from SAR 1.51 billion in the corresponding quarter of 2019. The decline in net profits is …
Financial Results
Photo Archive
8 October 2020 10:35 AM Moody's assigns national scale ratings to four Saudi lenders
Riyadh – Mubasher: Moody's Investors Service has assigned national scale ratings (NSRs) for the long-and-short term deposit ratings and counterparty risk ratings (CRRs) of four Saudi banks. These banks are Bank AlJazira, Riyad Bank, Samba …
Banking and Finance
Part of the signing ceremony
28 September 2020 01:51 PM Tourism Development Fund pens projects finance deals with two lenders
Riyadh – Mubasher: Saudi Arabia’s Tourism Development Fund signed two cooperation agreements with Riyadh Bank and Banque Saudi Fransi (BSF) to support and facilitate the financing of tourism projects in the kingdom. The signing ceremony was …
Banking and Finance
The bank's total comprehensive income surged by 67.63% YoY in Q2-20
23 July 2020 04:39 PM Riyadh Bank’s Q2-20 profits down 29%
Riyadh – Mubasher: The net profits of Riyadh Bank fell by 29.13% in the second quarter (Q2) of 2020, reaching SAR 1.06 billion when compared to SAR 1.5 billion in the same period last year. Moreover, the lender’s total comprehensive income surged …
Banking and Finance
The loan will finance future projects of the firm and its subsidiaries
12 July 2020 10:28 AM Advanced Petrochemical signs SAR 1.5bn loan deal with three banks
Riyadh – Mubasher: Advanced Petrochemical Company has entered into a sharia-compliant Murabaha credit facility agreement on 9 July with Riyadh Bank, Samba Financial Group, and Al Rajhi Bank. The loan is valued at SAR 1.5 billion, however, …
Companies Investments
Sukuk trading suspension will begin on 15 June 2020
27 April 2020 10:56 AM Riyad Bank to redeem SAR 4bn Sukuk
Riyadh – Mubasher: Riyad Bank plans to redeem its SAR 4 billion ten-year Sukuk in full at face value on 24 June 2020. The Sukuk, issued on 24 June 2015, has an original maturity of ten years, due on 24 June 2025. In accordance with the Sukuk's …
Trading Activities