Riyad Bank SJSC. Stock Analysis 1010.SR

Riyad Bank engages in the provision of banking and investment services. The company is headquartered in Riyadh, Riyadh and currently employs 7,588 full-time employees. The firm operates in following segments: Retail banking , which includes deposits, credit and investment products for individuals and small to medium sized businesses; Investment banking and brokerage that includes Investment management services and asset management activities related to dealing, managing, arranging, advising and custody of securities; Corporate banking is engaged in handling corporate customers’ current accounts, deposits and providing loans, overdrafts and other credit facilities; and Treasury and investments includes money market, trading and treasury services, derivative products as well as the management of investment portfolios. The Bank also provides nonconventional banking products which are approved and supervised by an independent Shariah Board established by the Bank.