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RIBL - Riyad Bank   Discuss Recommendations
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Riyad Bank (RIBL)  Funds under management (31)
Stock Market Saudi Stock Exchange
Official Sector Banks & Financial Services (11)
Market Cap Size Large-Cap (17)
GulfBase Sector Commercial Banks (72)
 

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Overview
Establishment Date: 18/11/1957
Paid-Up Capital (SAR): 15,000,000,000
Par Value Per Share (SAR): 10.00
Branches:

208 in addition to its overseas branches and subsidiaries such as RIYAD BANK London branch, RIYAD BANK Agency - Houston, USA and RIYAD BANK rep. office - Singapore.

No. of Employees: 4768
Major Shareholders
Public Investment Fund 21.70%
General Organization for Social Insurance (GOSI) 21.60%
Mohammad I. M. Al Issa 9.90%
Al Nahla Trading and Contracting Company 9.20%
Saudi Arabia Monetary Agency (SAMA) 6.50%
Activity
Riyad Bank is engaged in providing commercial banking services. It also owns various shares in a number of international banks and companies including: the Saudi International Bank, Arab American Bank (BOBAF), Arla International Bank, Gulf Bank (Riyadh), Saudi Investment Bank, UBAK/Carasso, BOBAF Hong Kong Ltd., Arab Trade Financing Scheme, Banta Co. Ltd., New Komar Co., BOBAF, France, World Co. Ltd.
Subsidiaries, Associates & Joint Ventures
Company
Ithraa Al Riyad Real Estate Co.
Riyad Capital
Saudi Travellers Cheque Co.
more details

Corporate Announcements Company News
Net profit announced for the 9 months ending on 30/9/2009, SAR 2.12 billion, an increase of 0.4%. 13/10/2009
Net profit announced for the 1st Half of the year 2009, SR 1.36 billion, a decrease of 15%. 13/07/2009
Cash dividend announced for the 1st half of the year 2009, SR 0.60 per share.08/07/2009
Net profit announced for the 1st Quarter of the year 2009, SR 441.00 million, a decrease of 36%.22/04/2009
Cash dividend approved for the 2nd half of the year 2008, SR 0.7 per share.19/01/2009
more...
Riyad Bank ‘not exposed to Saudi groups’   (Reuters - 08/10/2009)
Riyadh Bank overhauls communications network with Avaya  (AME Info - 04/08/2009)
Saudi Riyad Bank's Q2 profit rises, no new provisions  (Reuters - 14/07/2009)
Riyadh may delay $7bn landbridge rail project   (Trade Arabia - 05/07/2009)
Riyad Bank to provide $373m in financing for project  (AME Info - 01/07/2009)
more...

Key People Contacts
Chairman: Rashed A. Al Rashed
General Manager: Talal I. Al Qudaibi
CEO: Talal I. Al-Qudaibi
Board Members: Abdurrahman H. Sharbatli
Dr. Abdullah I. Al Hudaithi
Eng. Abdullah M. Al Essa
Fahd A. Al Howaimel
Dr. Khaled H. Nahhas
Dr. Abdulaziz S Aljarbou
Abdullah I. Al Ayyadi
Dr. Faris A. Abalkhail
Muhammad A. Al Afaleq
Senior Management: Suliman A. Al-Gwaiz
(Deputy CEO)
Abdul Aziz S. Al-Furaih
(Senior Executive Vice President)
Auditors: PricewaterhouseCoopers Al Juraid
KPMG Al Fawzan & Al Sadhan
E-mail Address: momari@riyadbank.com
Website: http://www.riyadbank.com
Postal Address: P.O. Box 22622, Riyadh 11416
Street Address: King Faisal St. - Al Bat'ha
Phone: +966 1 4013030
Fax: +966 1 4042707
Telex: 407490 RYDX. SJ.
 
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