Riyad Bank (loans): verified facts and rating

Licensed since: 1957 Checked 2026-10-31

riyadbank.com

1

Consumer loans 1 of 8

78/100

Score breakdown

Licence100
Transparency80
Cost50
Service69

92% backed by facts · How we rank

Riyad Bank (loans) against the market

The dot is the company, the line is the median of all companies in this ranking.

Published rate, % of country reference83%141%101% · median 100%
Longest term60 mo60 mo60 mo · median 60 mo

Riyad Bank (loans) strengths and weaknesses

Pros

  • Long licence history
  • Licence confirmed by the official list or a stated licence number
  • Fees or full loan terms are readable without login
  • Publishes how to complain

Cons

  • An arrangement fee can apply

All facts

FactValueSourceChecked
Licensed since1957
is licensed by the Council of Ministers Resolution (91) dated 23.11.1957, and regulated by Saudi Central Bank.
riyadbank.com2026-10-31
Licensed by the regulatorYes
Riyad Bank, Public Shareholding Company ... Commercial Register (1010001054) ... is licensed by the Council of Ministers Resolution (91) dated 23.11.1957, and regulated by Saudi Central Bank.
riyadbank.com2026-10-31
Published rate, % of country reference101%
Example of Tawaruq Personal loan for employed customer working in governmental sector: Finance Amount (SAR) 100,000; *Annual Percentage Rate (APR) 3.92%; Maturity 5 Years; Monthly repayment 1,815.83 SAR (private sector: 4.89%) · APR 3.92% (lowest published example) · index 100 = 3.87% (median at launch)
riyadbank.com2026-10-31
Free early repaymentNot verified—
No arrangement feeNo
36. Granting Non-Real Estate Financing, Administrative Fees: 0.5% of the finance amount, capped at 2,500 SAR
riyadbank.com2026-10-31
Fees or terms publishedYes
Retail Banking Charges: Services Related to Financing ... 36. Granting Non-Real Estate Financing, Administrative Fees 0.5% of the finance amount, capped at 2,500 SAR
riyadbank.com2026-10-31
Complaints procedureYes
We are pleased to hear your feedback and complaints through the below channels: Riyad Line: 8001242225 ... In case the customer has any complaint, Customer Champions Department is concerned to search and manage the complaint in a period of 5 working days
riyadbank.com2026-10-31
Online application for new customersYes
Open an account online and apply for Personal Finance easily from Riyad Online or Riyad Mobile without having to visit the branch.
riyadbank.com2026-10-31
Support hours a week168 h
A team of professional agents is dedicated to respond to your inquiries and receive your feedback round the clock. Feel free to call us to the below phone numbers
riyadbank.com2026-10-31
Maximum amount, % of country referenceNot verified—
Longest term60 mo
Financing period up to 60 months
riyadbank.com2026-10-31

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