Riyad Bank is announcing its membership in the United Nations Global Compact (UNGC), making it one of the leading financial institutions in the Kingdom to join this prestigious global initiative. This step reaffirms Riyad Bank’s dedication to aligning its operations with internationally recognized principles in human rights, labor standards, environmental protection, and anti-corruption.
As a key driver of Saudi Arabia’s financial sector, Riyad Bank’s commitment to the UNGC underscores its role in contributing to Saudi Vision 2030 and advancing the Sustainable Development Goals (SDGs).
By joining the UNGC, Riyad Bank not only aligns its strategies with global sustainability standards but also reinforces its leadership in promoting responsible banking practices within Saudi Arabia and beyond.
About the United Nations Global Compact
The UNGC is a voluntary initiative encouraging businesses worldwide to adopt sustainable and socially responsible policies, aligning with Ten Principles in the areas of human rights, labor, environment, and anti-corruption. With over 15,000 participants from 160 countries, the UNGC is the largest corporate sustainability initiative globally.
About Riyad Bank
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 SAR 30 billion, it has more than 5,700 employees. Riyad Bank takes pride in being among the Saudi organizations with the highest national employment rate, at 96%, of whom 28% are women.
Riyad Bank provides a comprehensive range of products and services fully compliant with Islamic Sharia to meet the needs of both retail and corporate customers, including small and medium-sized enterprises. It plays a leading role in various areas of finance and investment around Saudi Arabia, distinguishing itself as a leading financier and arranger of syndicated loans in the oil, petrochemical, and most of the Kingdom’s mega-projects.
Riyad Bank offers innovative and remarkable financing solutions through a network of 224 licensed branches, more than 255,442 POS terminals, and over 1,830 ATMs strategically located throughout the Kingdom.
Recognizing the importance of global expansion for some of its customers, Riyad Bank maintains a branch in London, an office in Houston (USA), and a representative office in Singapore to support their international banking needs.
Our electronic banking services (web-based and mobile applications) utilize the latest technologies to address the banking needs of our customers with utmost ease, convenience, and security.
Our Values
• We Care
• We Win
• We are One Team
