Riyad Bank (loans): verified facts and rating
Licensed since: 1957 Checked 2026-10-31
Score breakdown
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
| Fact | Value | Source | Checked |
|---|---|---|---|
| Licensed since | 1957 is licensed by the Council of Ministers Resolution (91) dated 23.11.1957, and regulated by Saudi Central Bank. | riyadbank.com | 2026-10-31 |
| Licensed by the regulator | Yes 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.com | 2026-10-31 |
| Published rate, % of country reference | 101% 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.com | 2026-10-31 |
| Free early repayment | Not verified | — | |
| No arrangement fee | No 36. Granting Non-Real Estate Financing, Administrative Fees: 0.5% of the finance amount, capped at 2,500 SAR | riyadbank.com | 2026-10-31 |
| Fees or terms published | Yes 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.com | 2026-10-31 |
| Complaints procedure | Yes 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.com | 2026-10-31 |
| Online application for new customers | Yes Open an account online and apply for Personal Finance easily from Riyad Online or Riyad Mobile without having to visit the branch. | riyadbank.com | 2026-10-31 |
| Support hours a week | 168 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.com | 2026-10-31 |
| Maximum amount, % of country reference | Not verified | — | |
| Longest term | 60 mo Financing period up to 60 months | riyadbank.com | 2026-10-31 |