Riyad Bank - RIBL

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News

RIBL Announces Its Board Recommendation to Distribute Cash Dividend
(Tadawul - 26/12/2012)

Riyad Bank announces that it has been decided to recommend to the Bank's General Assembly to distribute cash dividends for the second half of 2012 of SAR 975 Million at SAR 0.65 per share, after deduction of Zakat. This brings the total distribution of ...

Riyad Bank net income rises 5.8%
(Reuters - 10/10/2012)

Riyad Bank posted higher third-quarter net profit Tuesday, as Saudi lenders benefit from expansionary fiscal policies, ample liquidity and improving corporate loan demand. Bank lending to the Saudi private sector grew by 14 percent in August over the ...

Riyad Bank, Sadafco post sound yields
(Saudi Gazette - 09/07/2012)

Saudi Arabia’s Riyad Bank posted a 9.4 percent rise in net profit in the second quarter, beating analysts’ forecasts. The Kingdom’s third-largest lender by market value made SR914.4 million ($243.8 million) in the three months to June 30, up from SR836 ...

Riyad Bank Q2 net profit up 9.4 %
(Reuters - 09/07/2012)

Saudi Arabia's Riyad Bank posted a 9.4 percent rise in second-quarter net profit on the back of improved operational income, the bank said yesterday, beating analysts' forecasts. The Kingdom's third-largest lender by market value made SR 914.4 million ...

Capital Intelligence affirms ratings of Riyad Bank
(AME Info - 31/05/2012)

Capital Intelligence (CI), the international credit rating agency, today announced that it has affirmed the ratings of Riyad Bank (RB), based in Riyadh, Saudi Arabia. Supported by the sound and continually improving quality of the Bank's loan portfolio, ...

Riyad Bank Q1 net soars 22%
(Saudi Gazette - 15/04/2012)

Riyad Bank posted a 21.6 rise in net profit in the first quarter, beating forecasts. The Kingdom’s third-largest lender by market value made SR901 million Saudi ($240.3 million) in the three months to end-March, up from SR741 million in the year-earlier ...

Al-Rajhi, Riyad Bank net profits up in Q4
(Reuters - 18/01/2012)

Two major Saudi lenders, Al-Rajhi Bank and Riyad Bank, posted higher fourth-quarter results on Tuesday, but missed analyst expectations. The Kingdom's biggest Islamic lender, Al-Rajhi, posted a 13.9 percent rise in its fourth-quarter net profit, as it ...

Riyad Bank launches marketing campaign for credit cards
(AME Info - 07/01/2012)

Riyad Bank has launched, in collaboration with STC, a marketing campaign for credit cards, that enables its holders to get 300 advanced gadgets of iPhones 4S, featuring a free 250MG data chip, for 6 months. This new offer has been made public, during a ...

Riyad Bank’s high credit rating affirmed by Standard & Poor’s
(Arab News - 05/01/2012)

The president & CEO of Riyad Bank, Talal Al-Qudaibi, announced that Standard & Poor’s (S&P), the international credit rating agency, has affirmed Riyad Bank’s A+/A-1 rating with stable outlook which is the highest credit rating awarded by S&P to banks ...

Corporate Announcements

Net profit announced for the 1st Quarter of the year 2013, SAR 951 million, an increase of 5%. - 07/04/2013
Net profit announced for the year 2012, SAR 3.47 billion, an increase of 10%. - 14/01/2013
Cash dividend announced for the 2nd half of the year 2012, SR 0.65 per share. - 26/12/2012
Net profit announced for the 9 months ending on 30/9/2012, SAR 2.66 billion, an increase of 12%. - 09/10/2012
Net profit announced for the 1st Half of the year 2012, SAR 1.82 billion, an increase of 15%. - 08/07/2012

Commercial Bank - News

al khaliji offers special mortgage loans during Cityscape Qatar 2013
(CPI Financial - 23/05/2013)

Al Khalij Commercial Bank (al khaliji) is partnering with United Development company (UDC) to offer a range of special mortgages during Cityscape Qatar 2013 from 27-29 May. Mohamed Abdelkhalek, al khaliji’s Group Chief Business Officer said, “al khaliji ...

KFH sponsors 12 graduation projects
(CPI Financial - 23/05/2013)

Kuwait Finance House (KFH) took part in the 24th Engineering Design Expo for the College of Engineering and Petroleum at Kuwait University. KFH sponsored several projects prepared by a group of graduates. KFH selects a group of projects every year to ...

Emirates NBD launches $1 bn bond
(Reuters - 23/05/2013)

Emirates NBD launched a $ 1 billion core capital-boosting bond yesterday, amid healthy demand, allowing the Dubai lender to tighten earlier price guidance. The Tier 1 bond launched at a final yield of 5.75 percent, tighter than the 6 percent indicated ...

Doha Bank Keen to Partner with Corporates and Smes
(Press Release - 23/05/2013)

Doha Bank announced its intentions to support Small and Medium Enterprises (SMEs) and corporate clients in the UAE through the Bank’s fully licensed branches in Abu Dhabi and Dubai, including support for companies in the infrastructure development and ...

Emirates NBD Properties inks Dh122m agreement for retail space
(Khaleej Times - 23/05/2013)

Emirates NBD Properties on Wednesday announced a Dh122 million agreement for retail space in Index Tower, located in the Dubai International Financial Centre (DIFC). Emirates NBD’s real estate arm formalised the deal through the signing of Sale and ...

BMI Bank & ASBB Boards of Directors approve merger
(CPI Financial - 23/05/2013)

The Boards of Directors of Bahraini retail and commercial banking institution, BMI Bank and Al-Salam Bank-Bahrain today (22 May) announced their in principle agreement to proceed with discussions to merge the two banks to create the third largest Bank in ...

National Bank of Bahrain’s Ratings Affirmed
(Press Release - 22/05/2013)

Capital Intelligence (CI), the international credit rating agency, announced today that it has affirmed National Bank of Bahrain (NBB)'s Long- and Short-Term Foreign Currency Ratings at 'BBB+' and 'A2', respectively, both on 'Negative' Outlook. These ...

CI Affirms Ratings of Samba Financial Group
(Press Release - 22/05/2013)

Capital Intelligence (CI), the international credit rating agency, today announced that it has affirmed the ratings of Samba Financial Group (SAMBA), based in Riyadh, Saudi Arabia. In view of the Bank's very strong capital ratios, strong liquidity and ...

Bank Nizwa prepares for Muscat Roadshow
(CPI Financial - 22/05/2013)

The Roadshow, which starts at Muscat Grand Mall (MGM) on Thursday, May 23rd will promote services offered by the bank. “The Roadshow was successfully launched recently in Nizwa and will continue at a number of shopping malls throughout Muscat before ...

Bank Sohar sponsors camel race in Mudhaibi
(AME Info - 22/05/2013)

As part of ongoing efforts to promote traditional cultural and sporting events in the Sultanate of Oman, Bank Sohar recently sponsored the camel race in Barzman - Sinaw (Al-Abiadh Field) in Wilayat of Al Mudhaibi. The eagerly awaited race was held under ...

 
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