Riyad Bank is announcing its official signing of the UN Principles for Responsible Banking, a comprehensive framework developed by the United Nations Environment Program Finance Initiative (UNEP FI) alongside banks worldwide. This milestone reflects Riyad Bank’s unwavering commitment to advancing sustainable banking practices and supporting Saudi Vision 2030.
The UN Principles for Responsible Banking provide a roadmap for aligning banking strategies with societal goals, particularly the UN Sustainable Development Goals (SDGs) and the Paris Climate Agreement. By signing these Principles, Riyad Bank commits to embedding sustainability into its core operations, ensuring its business decisions contribute positively to the environment, economy, and communities it serves.
Through these efforts, Riyad Bank will not only enhance its own sustainability strategy but also support its clients in adopting sustainable practices, creating long-term value for shareholders, and strengthening its contribution to the Saudi Green Initiative.
This initiative builds on Riyad Bank’s leadership in promoting sustainable finance, with a focus on innovation, environmental stewardship, and social responsibility. It complements the bank’s existing sustainability strategy, which prioritizes investments and activities that contribute to a low-carbon, inclusive future.
More information on the Principles for Responsible Banking: www.unepfi.org/responsiblebanking
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. With more than 5,700 employees, Riyad Bank takes pride in being among the Saudi organizations with the highest national employment rate of 96%. 28% of them are women.
Riyad Bank provides 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. It plays a leading role in various areas of finance and investment around Saudi Arabia, that is why Riyad Bank is distinguished as a leading financier and arranger of syndicated loans in the oil, petrochemicals and most of the Kingdom’s mega projects.
Riyad Bank offers innovative and remarkable financing solutions through a network of 224 licensed branches, and more than 255,442POS, in addition to more than 1,830 ATMs well distributed in strategically located throughout the Kingdom.
Since the global expansion is essential for some of Riyad Bank customers outside the Kingdom, a branch in London and office in Houston (USA) and a Representative Office in Singapore, 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.
Our Values
•We Care
•We Win
•We are One Team
