Founded in 1992, Majid Al Futtaim is an Emirati-owned, diversified lifestyle conglomerate operating across the Middle East, Africa and Asia. The Group started from one man’s vision to transform the face of shopping, entertainment, and leisure to ‘Create Great Moments For Everyone, Everyday’. It has since grown into one of the region’s most respected businesses, employing 43,000 people, with owned assets valued at US$18 billion and has the highest credit rating (BBB) among privately held corporates in the region. Majid Al Futtaim owns and operates 29 shopping malls, 7 hotels and four mixed-use communities, welcoming more than 600 million customers through its doors every year.
Riyad Bank is one of the largest financial institutions in the Kingdom of Saudi Arabia and the Middle East. Established in 1957, with a paid-up capital of SR 40 billion. Our professional and dedicated staff base has mainly driven our success throughout the years. With more than 7.0K employees, we take pride of being among the Saudi organizations with the highest national employment rate of 96%.
We provide a comprehensive range of products and services fully compliant with the Islamic Sharia’ to meet the needs of both retail and corporate customers, including small and medium-size enterprises. We play a leading role in various areas of finance and investment around Saudi Arabia, that is why we are distinguished as a leading financier and arranger of syndicated loans in the oil, petrochemicals and most of the Kingdom’s notable infrastructure projects.
We offer innovative and remarkable financing solutions through a network of 332 licensed branches, and more than 168K POS, in addition to more than 1.6K ATMs well distributed in strategic & carefully selected locations around the Kingdom. And since global expansion is essential for some of our customers outside the Kingdom, a branch in London and offices in Houston (USA) and Singapore to help in supporting the international banking needs of such customers.
Our electronic banking services (web-based and mobile applications) use the latest electronic technologies to address the banking needs of our customers with utmost ease, convenience and security.
Riyad Bank has achieved total assets as of December 31st, 2025 reached SAR 519,481 million compared to SAR 451,403 million for the corresponding period last year. Customer deposits are higher by 8% to reach SAR 331,721 million against SAR 306,423 million for the corresponding period last year. Loans and Advances, net is higher by 17% and stood at SAR 373,305 million against SAR 320,089 million for the corresponding period last year.