Saudi Arabia · Financial institution
Riyad Bank
Riyad Bank is a Saudi joint stock company with its head office in the King Abdullah Financial District, Riyadh. It was formed by Royal Decree and Council of Ministers Resolution No. 91 of 23 November 1957. Its shares are listed on the Saudi Exchange, and the Public Investment Fund is its largest shareholder. The bank provides retail, corporate, treasury and investment services, including Shariah-compliant products approved by its own Shariah board. Outside Saudi Arabia it has a branch in London, an agency in Houston and a representative office in Singapore. In April 2026 shareholders approved an increase in share capital from SAR 30 billion to SAR 40 billion through a bonus share issue.
Licences and registrations
Matched by LEI on the 22 tracked registers
None matched by LEI in the 22 tracked registers.
- The tracked registers cover payment, e-money, crypto and money-service firms in 37 countries. Bank licences from national supervisors are not tracked.
Swift network
Swift’s ISO 9362 BIC directory
- BIC
- RIBLSARIXXX head office
- Connection to Swift
- Connected to SwiftThis BIC is registered as a live address on the Swift network. The institution sends and receives Swift messages under RIBLSARI directly.
- Swift GPI
- Live member
- Payment schemes and systems
- No entry in the EPC registers, the ECB T2 and TIPS lists or the SIX Bank Master cites this BIC
- Branch codes
- 1 branch code
- Other BIC with this LEI
- RIBLGB2L
- BIC first registered
- 1989-03-29
- Last updated
- 2022-02-14
Overview
Researched 29 Sep 2026 · Sources
Employees
Not published
Ownership
Publicly listed
Ticker 1010
Institution type
Commercial bank
- Ownership
- The bank is listed on the Saudi Exchange. The Public Investment Fund holds about 21.75% and the General Organization for Social Insurance about 10.39%. No shareholder holds a majority.
- Major shareholders
- Public Investment Fund 21.7536%
General Organization for Social Insurance 10.39%
Al Nahla Trading and Contracting Co. 8.7383%
Assila Investments Co. 8%
Riyad Opportunities Fund 5.92% - Stock listing
- Saudi Exchange (Tadawul) 1010
- Head office
- Riyad Bank Tower, King Abdullah Financial District (KAFD), Financial Boulevard, Al Aqeeq District, Building No. 3128, 13519 Riyadh, Saudi Arabia
- Company register
- Commercial Registration No. 1010001054 (Riyadh), dated 18 November 1957
- Name in the local language
- بنك الرياض
Business lines
The bank is organised into retail, corporate, treasury and investment segments, and it offers conventional and Shariah-compliant products. Its brokerage and asset management business is run by its subsidiary Riyad Capital.
Online
- Websites & references
- riyadbank.com ↗
careers.riyadbank.com ↗ careers site (linked from riyadbank.com footer)
Wikidata Q3433985 ↗ - Official social accounts
- LinkedIn ↗ · X ↗ · Facebook ↗ · Instagram ↗ · YouTube ↗
Sources · 10 pages consulted
- riyadbank.com/corporate-banking/international-banking/financial-institutions
- saudiexchange.sa/wps/portal/saudiexchange/hidden/company-profile-main/!ut/p/z1/04_Sj9CPykssy0xPLMnMz0vMAfI
- riyadbank.com/investor-relations/board-of-directors
- riyadbank.com/personal-banking/about-us/executive-management/-/asset_publisher/yedn/content/nadir-s-al-
- saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcem
- riyadbank.com/en/Images/Q3%20Riyad%20Bank%20Financial%20Statements%20English_tcm8-27390.pdf
- jawlah.co/en/60637
- argaam.com/en/reports/company-dividend/57179?preview=true
- english.mubasher.info/markets/TDWL/stocks/1010/profile/
- mena.entrepreneur.com/finance/the-finance-frontier-2026-nadir-s-al-koraya-president-and-ceo-riyad-bank
Leadership
Researched 29 Sep 2026 · Sources
- Chief executive
- Nadir Sami Al-Koraya Chief Executive Officer
- Chair
-
Abdullah Mohammed Al-Issa
Chairman of the Board
- Executive
-
Mutaz Kusai AlAzzawi
Vice-Chairman of the Board; Chairman of the Executive Committee
Supervisors & regulators
Researched 29 Sep 2026 · Sources
- Saudi Arabia
- Saudi Central Bank (SAMA) Prudential supervisorCentral bankAML supervisor
Recent events
Researched 29 Sep 2026 · Sources
-
Other
Shareholders approved an increase in share capital from SAR 30 billion to SAR 40 billion through a one-for-three bonus share issue.
argaam.com ↗ -
Leadership
Nadir Al-Koraya became chief executive officer on 1 February 2024, after Tareq Al Sadhan resigned with effect from 31 January 2024.
saudiexchange.sa ↗
Compliance-relevant events of the last three years, newest first: fines and enforcement, investigations, incidents, leadership changes, mergers and licence changes. Each links to its source.
Identifiers
Head-office record
- BIC
- RIBLSARIXXX
- How the BIC breaks down
- RIBLBank
- SACountry · Saudi Arabia
- RILocation
- XXXBranch · head office
- Branch description
- Not recorded in the directory
- LEI
- 54930037RJ782ISGGM71
- LEI record
- View on GLEIF ↗
- How the LEI was matched
- BIC: Mapped to this BIC in the Swift and GLEIF BIC-to-LEI relationship file.
Profile
- Type
- Financial institutionClassified as a financial institution in Swift’s ISO 9362 BIC directory, with no licence on a tracked register. This includes banks that neither the ECB nor the FSB lists, as well as brokers, fund managers, insurers and market infrastructure.
- Regulation
- Not on a tracked registerNo licence or registration was found for this entity on the registers the directory tracks, or on the ECB and FSB bank lists. Most banks are licensed by national supervisors whose registers are not tracked yet. This does not mean that the institution is unregulated.
- Register licences
- None matched by LEI in the 22 tracked registersThe tracked registers cover payment, e-money, crypto and money-service firms in 37 countries. Bank licences from national supervisors are not tracked.
- Country · region
- Saudi Arabia · Middle East & North Africa
- Trading venues (MIC)
- No MIC registered under this LEI list of 2026-09-17
- OFAC sanctions
- No listing cites this BIC
- EU sanctions
- No listing matched this BIC or its LEI
- Country sanctions
- No country programme
- Founded
- 1957
Types come from Swift’s BIC classification, the licences on the 22 tracked registers, and the ECB and FSB bank lists. Most banks outside the euro area appear as financial institutions, because their supervisors’ registers are not tracked yet.
No licence or registration was found for this entity on the 22 registers the directory tracks, or on the ECB and FSB bank lists. Most banks are licensed by national supervisors whose registers are not tracked yet. This does not mean that the institution is unregulated.
Ownership and group
GLEIF relationship records
The Riyad Bank group has 3 institutions in the directory, in 3 countries: all hold a BIC.
Including Riyad Bank, Houston Agency.
See the Riyad Bank group →Group membership follows the accounting-consolidation relationships reported to GLEIF. It does not show ownership shares or control.
Addresses
- Registered address
- A1 TOWER GRANADA OASIS, EASTERN RING ROAD RIYADH, AL SHUHADA DISTRICT 11416 SAUDI ARABIA
- Operational address
- A1 TOWER GRANADA OASIS, EASTERN RING ROAD AL SHUHADA DISTRICT RIYADH RIYADH 11416 SAUDI ARABIA
ISO 20022 identification
As an agent in a Swift cross-border payment message (CBPR+)
A CBPR+ message identifies this institution by its BIC, and may add its LEI or a clearing code. CBPR+ does not allow a name and postal address next to a BIC.
- Identified by
- BIC, with its LEI
- Roles in CBPR+
- Any agent, including the instructing and instructed agents
CBPR+
For cross-border payments on Swift: the BIC, with the LEI and clearing code where known
<FinInstnId>
<BICFI>RIBLSARIXXX</BICFI>
<LEI>54930037RJ782ISGGM71</LEI>
</FinInstnId>Full record
Every ISO 20022 element the directory holds. Base ISO 20022 allows them together. CBPR+ does not allow a name and address next to a BIC
<FinInstnId>
<BICFI>RIBLSARIXXX</BICFI>
<LEI>54930037RJ782ISGGM71</LEI>
<Nm>RIYAD BANK</Nm>
<PstlAdr>
<TwnNm>RIYADH</TwnNm>
<Ctry>SA</Ctry>
<AdrLine>A1 TOWER GRANADA OASIS, EASTERN RING ROAD RIYADH</AdrLine>
<AdrLine>AL SHUHADA DISTRICT 11416</AdrLine>
</PstlAdr>
</FinInstnId>The BIC, name and address are as published in Swift’s BIC directory. The LEI comes from the Swift and GLEIF BIC-to-LEI file. Check them against your own records before use.
Network
Branches and correspondent banking
One branch BIC connects to the head office. 13 other banks publish 13 accounts held with this bank.
- Own offices
- Respondent banks: they hold accounts here
Hover over a branch, account or group to see its details
Respondent banks
From the correspondent lists other banks publish
13 other banks publish 13 accounts held with this bank.
| Currency | Respondent bank | Held at | Account | Purpose | Published in |
|---|---|---|---|---|---|
| SAR | Bayerische Landesbank, Muenchen Germany | RIBLSARI | SA29 2000 0009 2503 0904 9940 | commercial payments | bayernlb.de ↗ dated 9 Feb 2026 |
| SAR | Deutsche Bank AG Germany | RIBLSARI | SA38 2000 0009 2503 0886 9940 | FX and FX options cash | corporates.db.com ↗ dated 13 Jul 2026 |
| SAR | DZ Bank AG, Deutsche Zentral- Genossenschaftsbank Germany | RIBLSARI | — | Commercial payments | dzbank.com ↗ dated 10 Jul 2026 |
| SAR | Faisal Islamic Bank of Egypt Egypt | RIBLSARI | SA 892 000000 9250 30 78 49940 | — | faisalbank.com.eg ↗ |
| SAR | HSBC Continental Europe France | RIBLSARI | SA8720000009250307889940 | Local clearing bank; via head-office account FR7630056008290829000178972 (CCFRFRPP) | hsbc.be ↗ |
| SAR | Indusind Bank Limited India | RIBLSARIXXX | 9250016979940 | — | indusind.bank.in ↗ |
| SAR | Oberbank AG Austria | RIBLSARI | — | — | oberbank.com ↗ |
| SAR | Op Corporate Bank PLC Finland | RIBLSARI | — | receipt of cover for commercial payments | op.fi ↗ dated May 2024 |
| SAR | Santander UK PLC United Kingdom | RIBLSARIXXX | SA4920000009250015709940 | cash settlement (SSI) | santander.co.uk ↗ dated 21 Jun 2022 |
| SAR | SMBC Bank International PLC United Kingdom | RIBLSARI | SA7720000009250309059940 | Corporate banking: FX, money market, loans, trade finance, commercial payments | smbcgroup.com ↗ |
| SAR | The Bank of Nova Scotia Canada | RIBLSARI | — | FX, money market and commercial payments | scotiabank.com ↗ dated 10 Jul 2007 |
| SAR | The Commercial Bank (P.S.Q.C) Qatar | RIBLSARI | 9250 30946 9940 | settlement (SSI) | cbq.com.qa ↗ |
| SAR | Unicredit Bank GMBH Germany | RIBLSARI | SA3520000009250307959940 | FX, money market and derivatives settlement | hypovereinsbank.de ↗ dated 6 Jan 2026 |
Each row is an account the respondent bank lists as held with this bank, as published. Only banks that publish their correspondent accounts, and that Elucidate has researched, can appear, so the list is not complete. Confirm settlement instructions with either bank before relying on them.
Branch codes
| BIC | Branch | City | Address | LEI | Updated |
|---|---|---|---|---|---|
| RIBLSARISSD | RIYAD CAPITAL | Riyadh | A1 TOWER GRANADA OASIS, EASTERN RING ROAD AL SHUHADA DISTRICT RIYADH RIYADH 11416 SAUDI ARABIA | — | 2020-11-05 |
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Sources & method
Every value comes from a public source, such as Swift’s ISO 9362 BIC directory, GLEIF or the OFAC and EU sanctions lists. Most sources are matched on a BIC or an LEI, not on a name.
Swift GPI membership is matched on names and is indicative. A missing sanctions match does not mean that no listing applies. Always screen against the official lists.
The sanctions facts on this page cover the BIC and its LEI only.
An institution is one entry in the directory: a BIC8 in Swift’s directory, or a firm on a tracked register that holds no BIC. Licences held by an institution with a BIC are shown on its page.
Read the methodology →Credits for this page
- Wikidata—CC0, matched on the BIC or LEI recorded in Wikidata. It is community-edited, so check key facts.
- Ownership and group—GLEIF Level 2 relationship records (accounting consolidation), matched by LEI.
- Overview, leadership, regulators and events—researched per institution by an AI model with web search, from the institution's own website and reports, regulators, company registers and news. Figures, people and events link to their source, and each card shows the research date. AI research can be wrong or out of date, so check key facts at the source.
- Images—logos and photos from Wikimedia Commons (credited with their author and licence) or from the institution's own website, where Wikimedia has none. Elucidate keeps a copy of each; the links lead to the source and the original image. Logo: Riyad Bank · Public domain · Wikimedia Commons · original; Abdullah Mohammed Al-Issa: riyadbank.com (official website) · original; Mutaz Kusai AlAzzawi: riyadbank.com (official website) · original.
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