Executive Summary
Riyad Bank is the third largest bank in Saudi Arabia by assets with total assets of USD 84 billion at the end of 2020. The Bank mainly operates under the following segments: Retail, Investments Banking and Brokerage, Corporate Banking and Treasury and Investments. The bank also provides Islamic Banking services. Riyad Bank has strong links with the Kingdom of Saudi Arabia, the bank’s largest shareholder is the Public Investment Fund, the sovereign wealth fund of Saudi Arabia. Riyad Bank has a weightage of 0.11% in the MSCI Emerging Markets index, the sixth highest among Saudi companies.
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Executive Summary
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