Riyad Bank

Company description

Riyad Bank is a financial institution based in the Kingdom of Saudi Arabia with a presence across the Middle East. The bank was established in 1957, with a paid-up capital of SAR 30 billion, and has more than 5,900 employees. The bank provides a comprehensive range of products and services to meet the needs of both retail and corporate customers, including small and medium-sized enterprises.

Company details

P.O. Box 22622 Riyadh 11416, Kingdom of Saudi Arabia

Participation in projects

Projects Transactions
List of the updates in which the company was involved

Company updates

  • February 05, 2024

    Financial Close of Al Ansar Hospital PPP project in Saudi Arabia

    Tamasuk, Alghanim Consortium has announced the Financial Close of the Al Ansar Hospital PPP project in Madinah, Saudi Arabia. The initiative encompasses the financing, design, procurement,...

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  • September 08, 2023

    USD547 million Financing agreement signed for Independent Water Plant PPP Project in Saudi Arabia

    ACWA Power has secured financing and security agreements totaling SAR2.05 billion (US$547 million) for its Rawabi Water Desalination Company (Rabigh-4) Independent Water Plant (IWP) project in Sa...

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  • November 08, 2022

    NCP and Riyad Bank form partnership

    The National Center for Privatization & PPP (NCP) in Saudi Arabia has signed a cooperation agreement with Riyad Bank. The reason behind the collaboration between the two parties, is the argu...

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  • November 02, 2022

    ACWA reached financial close for US$821 mn IWP project

    ACWA Power has announced the financial close for the US$821 million Shuaibah 3 Independent Water Producer (IWP) project. The project involves the conversion of the existing Shuaibah Independent...

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  • July 27, 2022

    43 EOIs received for Madinah Bus Rapid Transport (BRT) PPP project

    National Center for Privatization & PPP (NCP) in Saudi Arabia has received 43 bids in response to expression of interest (EOI) for the development of the Al Madinah Bus Rapid Transit (BRT) project...

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  • May 03, 2021

    Financial close achieved for Red Sea PPP Development project in Saudi Arabia

    The Red Sea Development Company (TRSDC) announced the financial close for a SAR 14.120 billion (US$ 3.76 billion) term loan facility and revolving credit facility. Four Saudi banks, Banque Saudi Frans...

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  • April 16, 2021

    Financial close achieved for Wave 1 Schools PPP in Saudi Arabia

    Ajyad Knowledge Company for Education and Training, Al Bawani Company Limited and Tatweer Buildings Company (TBC) have achieved the financial close for the first wave (Wave 1) of the Schools Infrastru...

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  • September 09, 2020

    Financial close for US$650mn desalination PPP in Saudi Arabia

    ACWA Power, investor and operator of power generation and desalinated water plants, announced the successful signing of senior financing agreements for the US$650 million Jubail-3A IWP. The proje...

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