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02 April 09:03 PM

Riyad Bank (1010)

Last update: 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

This brings the total dividends for last year to SAR 3.21 billion
26 March 2020 11:21 AM Riyad Bank shareholders approve H2-19 dividends
Riyadh – Mubasher: The ordinary general meeting (OGM) of Riyad Bank has approved the distribution of cash dividends for the second half (H2) of last year. Dividends will be distributed at SAR 0.55 per share, representing 5.5% of share’s par value, …
Financial Results
The offering will mature on 25 February
19 February 2020 10:32 AM Riyad Bank completes 1st offering of int’l sukuk
Riyadh – Mubasher: Riyad Bank announced the completion of the first offering of its international tier 2 dollar-denominated sukuk. The Saudi lender issued a total of 7,500 sukuk at a nominal value of $200,000 apiece, totalling $1.5 billion, …
Sukuk and Islamic Finance
Photo Archive
18 February 2020 11:32 AM Riyad Bank launches int’l Sukuk programme
Riyadh – Mubasher: Riyad Bank has launched its international Sukuk programme on Tuesday. The bank announced the commencement of the first offer of its international tier 2 US dollar-denominated Sukuk, according to a statement to the Saudi Stock …
Banking and Finance
Photo Archive
11 February 2020 10:04 AM Riyad Bank creates $3bn Sukuk programme
Riyadh – Mubasher: Riyad Bank has established a programme for international Tier 2 Sukuk denominated in US dollars. The total value of the programme will not exceed $3 billion, according to a statement to the Saudi Stock Exchange (Tadawul) on …
Banking and Finance
Riyad Bank
6 February 2020 05:29 PM Moody's assigns A2 rating to Riyad Bank's $3bn Sukuk
Riyadh – Mubasher: Moody's Investors Service has assigned a provisional foreign-currency long-term (P)A2 senior unsecured rating to Riyad Sukuk Limited's backed $3 billion trust certificate issuance programme. The Sukuk issuance was also assigned …
Ratings
The loan will be paid in monthly premiums
29 January 2020 10:01 PM Saudi Paper reschedules SAR 160m loan with Riyad Bank
Riyadh – Mubasher: Saudi Paper Manufacturing (SPM) Company has signed a sharia-compliant credit facility agreement with Riyad Bank. The agreement is aimed at rescheduling of a SAR 160 million loan to be suitable to SPM’s financial conditions, …
Companies Investments
Riyad Bank’s total revenue increased by 24.47% in FY19
26 January 2020 04:57 PM Riyad Bank posts 81.2% increase in FY19 net profits
Riyadh – Mubasher: Riyad Bank’s net profits jumped by 81.2% to SAR 5.60 billion in 2019 from SAR 3.09 billion in 2018, according to the bank’s annual financial results for the period ended on 31 December 2019. The surge in the bank’s net profits …
Financial Results
The Board of Directors recommended distributing SAR 1.65 billion dividends
30 December 2019 10:58 AM Riyad Bank recommends SAR 0.55/shr dividends
Riyadh – Mubasher: Riyad Bank’s board of directors has recommended the distribution of SAR 1.65 billion in cash dividends to shareholders for the second half (H2) of 2019. This means that out of three billion shares, dividends per share stand at …
Company News
NCB and Riyadh began talks for a possible merger last year
16 December 2019 04:21 PM NCB, Riyad Bank cancel merger plans
Riyadh – Mubasher: The boards of the National Commercial Bank (NCB) and Riyad Bank have mutually agreed to end initial negotiations about a potential merger between the two banks. NCB announced in a statement to the Saudi Stock Exchange (Tadawul) …
Mergers and Acquisitions
The credit facility value is SAR 18 million
16 December 2019 11:00 AM Al Kathiri subsidiary agrees SAR 18m finance deal
Riyadh – Mubasher: Alian Industry Company, a subsidiary of Al Kathiri Holding Company, has signed a Shariah-compliant bank facility agreement with Riyad Bank. The credit facility value is SAR 18 million, with a financing period of 540 days, …
Banking and Finance
The agreement is set to reduce debt and finance costs for Mobily
15 December 2019 11:44 AM Mobily signs SAR 7.6bn Murabaha deal with local banks
Riyadh – Mubasher: Etihad Etisalat Company (Mobily) announced on Sunday the signing of a SAR 7.6 billion refinancing Murabaha facility agreement with a group of Saudi Banks. Riyad Bank, Arab National Bank (anb), Banque Saudi Fransi (BSF), Saudi …
Banking and Finance
The deal's impact cannot be determined accurately
30 October 2019 07:32 PM Malath Cooperative signs insurance agreement with Riyad Bank
Riyadh – Mubasher: Malath Cooperative Insurance Company signed a vehicle insurance agreement with Riyad Bank at a value equivalent to 5% of the firm’s total annual sales. By means of the contract, the company will cover the insurance of the bank’s …
Banking and Finance
The fund aims to forge strategic partnerships with entrepreneurs and technology companies
30 October 2019 03:29 PM Riyad Bank launches new Fintech Fund valued SAR 100m
Riyadh – Mubasher: Riyad Bank has launched its Digital Partnership Program and its association with a venture capital fund of SAR 100 million ($26.6 million). The announcement took place on the sidelines of the Future Investment Initiative 2019 …
Banking and Finance
Net profits hiked by 59.3% to SAR 1.5 billion in Q3-19
27 October 2019 09:52 AM Riyad Bank records SAR 1.5bn profits in 3M
Riyadh – Mubasher:  Riyad Bank disclosed its interim financial results for the third quarter of 2019. Net profits hiked by 59.3% to SAR 1.5 billion in Q3-19, from SAR 945 million in Q3-18, according to the bank’s filing to the Saudi Stock Exchange …
Financial Results
Riyad Bank is working closely with SAMA to accommodate the offering size
21 October 2019 03:43 PM Saudi banking sector enthusiastic about Saudi Aramco’s IPO - CEO
Riyadh – Mubasher: The Saudi banking sector is ready and enthusiastic about the expected initial public offering (IPO) of Saudi Aramco, which will be a positive move for the sector, Al Arabiya channel reported, citing Tarek A. Al Sadhan, CEO of …
Banking and Finance
Bonyan REIT has signed financing facility agreements valued at SAR 1.2 billion
13 October 2019 10:39 AM Bonyan REIT pens Islamic facilities with Riyad Bank, ANB
Riyadh – Mubasher: Saudi Fransi Capital announces that Bonyan REIT has signed two sharia-compliant financing facility agreements valued at SAR 1.2 billion with Riyad Bank and Arab National Bank (ANB). The first agreement worth SAR 700 million was …
Companies Investments
The board’s decision was subject to the approval of SAMA
8 October 2019 05:07 PM Riyad Bank names new chairman, deputy chairman
Riyadh – Mubasher: Riyad Bank announced the appointment of Abdullah Mohammed Al Issa as the chairman and Mutaz Kusai Al Azzawi as the deputy chairman of the bank for the next round. The board’s decision was subject to the approval of the Saudi …
Corporate Actions
Net profits hiked 78.14% to SAR 1.5 billion in Q2-19
30 July 2019 00:46 PM Riyad Bank’s profits hike 70% in Q2
Riyadh – Mubasher: Riyad Bank disclosed its financial statement for the second quarter of 2019. Net profits hiked 78.14% to SAR 1.5 billion in Q2-19, compared to SAR 842 million in Q2-18, according to a filing to the Saudi Stock Exchange (Tadawul) …
Financial Results
The Saudi-based lender will pay the dividends on 24 July.
7 July 2019 09:59 AM Riyadh Bank to pay SAR 1.6m dividends for H1
Riyadh – Mubasher: The board of directors of Riyadh Bank approved distributing cash dividends worth SAR 1.56 million to shareholders for the first half of 2019. The bank will pay a cash dividend of SAR 0.52 a share after deduction of zakat, …
Banking and Finance
The credit facility amounted to SAR 4 million after the addition of SAR 1 million
27 June 2019 04:25 PM Al Kathiri Holding gets Riyad Bank’s approval to renew Islamic facility deal
Riyadh – Mubasher: Al Kathiri Holding Company has obtained Riyad Bank’s approval to renew and increase a sharia-compliant credit facility agreement. The credit facility amounted to SAR 4 million after the addition of SAR 1 million to the …
Real estate
The 12-year Murabaha facility will be repaid in 24 semi-annual scheduled installments
25 June 2019 00:27 PM Sipchem unit inks $600m Islamic facility with local banks
Riyadh – Mubasher: Sahara International Petrochemical Company (Sipchem) announced that its 50%-owned subsidiary, Sahara & Ma’aden petrochemicals company (SAMAPCO),  signed an Islamic facility agreement with a number of local banks. The SAR 2.25 …
Banking and Finance
The loan will be used to finance new acquisition deals.
11 June 2019 09:31 AM Al Masha'ar REIT inks SAR 500m financing deal with Riyadh Bank
Riyadh – Mubasher: Al Masha'ar REIT signed a sharia-compliant financing deal with Riyadh Bank worth SAR 500 million, Muscat Capital Company said in a recent statement. The five-year facility will be re-paid quarterly and secured by a promissory …
Real estate
MSCI Inc said the stocks of 30 Saudi firms will be added
14 May 2019 09:59 AM MSCI adds 30 Saudi companies to EM Index
Riyadh – Mubasher: MSCI Inc. has added the MSCI Saudi Arabia index to its emerging-markets index (EM Index), according to MSCI’s semi-annual index review. The US-based index compiler said the stocks of 30 Saudi firms will be added, accounting for …
Trading Activities
The Saudi lender’s net profits hit SAR 1.65 billion in Q1-19
22 April 2019 03:58 PM Riyad Bank’s profit soars 45% in Q1
Riyadh – Mubasher: Riyad Bank reported a 44.68% year-on-year profit hike in the first quarter of 2019. The Saudi lender’s net profits amounted to SAR 1.65 billion ($440.4 million) in the first three months of 2019, compared to SAR 1.14 billion …
Financial Results
SABIC's stock saw a private transaction valued at SAR 3.2 million
16 April 2019 00:41 PM Tadawul sees 5 private deals worth SAR 10.5m Tuesday
Riyadh - Mubasher: The Saudi Stock Exchange (Tadawul) revealed the execution of five private transactions at a combined value of SAR 10.5 million during Tuesday’s trading activities. Saudi Basic Industries Corp’s (SABIC) stock saw a private …
Trading Activities