
Riyad Bank, founded in 1968 and headquartered in Riyadh, Saudi Arabia, serves as a prominent financial institution in the region with a mission to provide comprehensive banking solutions. Its key products and services include retail banking, corporate banking, investment services, and treasury operations tailored to meet the needs of both individual and institutional clients.
Bond Name | Country | Maturity | Coupon(%) | |
---|---|---|---|---|
RIBL 3.17% 2030-02-25 USDRiyad Bank | Saudi Arabia | 2030-02-25 | 3.174 | 5.74 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Riyad Bank entered the bond market in 2006, establishing its presence with various significant issuances over the years, including a noteworthy $1.5 billion Islamic bond in 2019. In recent years, the bank has continued to attract investors with competitive current yields relative to industry averages and features such as callable options on select bonds. The bank's proactive approach to capital market activities has been highlighted by its adherence to evolving compliance regulations and recent plans for further bond offerings to strengthen its capital base amid a dynamic economic landscape.