Riyad Bank (بنك الرياض) is one of the largest and oldest commercial banks in the Kingdom of Saudi Arabia. If you’re researching Riyad Bank from the UAE — whether you’re a Saudi resident managing an account back home, a business dealing with the bank, or simply comparing GCC banks — this guide explains what Riyad Bank is, who owns it, and the official ways customers can check balances, view statements, and reach customer support. A quick note up front: Riyad Bank is a Saudi-domiciled retail bank and does not operate retail branches in the UAE; its international footprint is limited to a branch in London and representative/corporate offices in the US and Singapore.
About Riyad Bank
Riyad Bank is a full-service commercial bank offering retail, corporate, treasury, and investment banking, including Sharia-compliant products.
| Full official name | Riyad Bank (بنك الرياض) |
| Type of institution | Public joint-stock commercial bank |
| Stock listing | Saudi Exchange (Tadawul), symbol 1010 |
| Country of origin | Saudi Arabia |
| Headquarters | Riyad Bank Tower, King Abdullah Financial District (KAFD), Riyadh |
| Year established | 1957 |
| Ownership type | Publicly listed, with the Public Investment Fund (PIF) as largest shareholder |
| Chairman | Eng. Abdullah Mohammed Al-Issa (Chairman since October 2016) |
| CEO | Nadir S. Al-Koraya (President and CEO since 2024) |
| Main market | Saudi Arabia |
| International presence | Branch in London; offices in Houston (USA) and Singapore |
| Branch network (KSA) | Roughly 300–340+ branches, figures vary by year |
| Official website | riyadbank.com |
| Core services | Retail banking, corporate/SME banking, treasury, investment banking (via Riyad Capital), Islamic banking |
Because branch counts, leadership, and financial figures change over time, always confirm the latest details on Riyad Bank’s official website or its investor relations page.
How to Check Riyad Bank Account Balance Methods
Riyad Bank offers several official balance-check channels. Always use the bank’s official app, website, or verified phone numbers — never share your PIN, password, OTP, CVV, or full card number with anyone, including someone claiming to represent the bank.
1. Balance Check Through Mobile Banking App
Riyad Bank’s mobile app (branded Riyad Mobile, available as “Riyad Bank App” on the App Store, Google Play, and AppGallery) lets registered users check balances securely.
- Download the official Riyad Bank App from the App Store, Google Play, or AppGallery.
- Log in using your registered username/password or biometric login (fingerprint/Face ID).
- Open “Accounts” and select “Account Overview” to view your current balance.
2. Balance Check Through Internet Banking
Riyad Online is the bank’s internet banking portal, offering account access from a browser.
- Go to the official Riyad Online login page via riyadbank.com.
- Sign in with your registered user ID and password.
- Select “Accounts & Cards” to view your balance, transaction history, and statements.
New users can register for Riyad Online or Riyad Mobile using their national ID/Iqama number and an existing debit or credit card for verification.
3. Balance Check Through ATM
- Insert your mada (or supported) card into any Riyad Bank ATM.
- Enter your PIN.
- Select “Balance Inquiry” from the menu.
- Your available balance will be displayed on screen or printed on a receipt.
4. Balance Check Through SMS Banking
Based on currently available official information, Riyad Bank has not published a dedicated on-demand SMS balance-inquiry shortcode for personal customers (unlike some other regional banks). The bank does use SMS for security alerts and one-time passcodes tied to digital banking and card transactions. If an SMS balance-check code exists or is introduced, customers should confirm the exact number and any charges directly with Riyad Bank’s official customer service before using it, since unofficial numbers circulating online may not be genuine.
5. Balance Check Through USSD
No officially confirmed USSD balance-inquiry code for Riyad Bank personal accounts was found in the bank’s official channels at the time of writing. Do not use USSD codes shared by third-party websites without first verifying them with the bank, as unverified codes can be a phishing risk.
6. Balance Inquiry Through Phone Banking
Riyad Bank operates dedicated phone banking lines for different customer segments:
| Service | Number (within KSA) | International |
|---|---|---|
| Riyad Line (personal banking) | 800-124-2225 | +966 11 479 4611 |
| Personal Products & Services | 800-124-2020 | — |
| Private Banking | 800-122-6666 | +966 11 479 4611 |
| Diamond Banking | 800-610-0010 | +966 11 479 4611 |
| Gold Banking | 800-441-0000 | +966 11 479 4611 |
| SME Customer Service | 92-000-1816 | — |
| Corporate Customer Service | 800-1222-444 | — |
These lines are staffed by professional agents dedicated to responding to inquiries and feedback around the clock. Customers typically verify their identity through security questions before an agent can share account or balance information. These numbers can change, so confirm them on Riyad Bank’s official “Contact Us” page before calling.
7. Balance Inquiry at a Branch
Customers can visit any Riyad Bank branch and request a balance inquiry or mini-statement in person. You will typically need to bring a valid Saudi National ID, Iqama (residency permit), or GCC ID, along with your account or card details, for identity verification.
Who Owns Riyad Bank?
Riyad Bank is a publicly listed company on the Saudi Exchange (Tadawul: 1010), meaning its shares are held by a mix of institutional and individual investors rather than a single private owner.
Based on publicly disclosed shareholder data:
- Public Investment Fund (PIF) — Saudi Arabia’s sovereign wealth fund — is the largest single shareholder, historically holding around 21–22% of shares.
- General Organization for Social Insurance (GOSI), a Saudi government social-insurance body, is another major shareholder.
- Other notable shareholders include Al Nahla Group of Companies and Assila Investments Co.
- International institutional investors such as Vanguard and BlackRock hold smaller stakes.
- The remainder of shares (roughly 40%+) is held by the general public and other institutions through free-float trading.
How Is Riyad Bank Doing Today?
Riyad Bank operates as one of Saudi Arabia’s largest banks by assets, ranking among the top four to five lenders in the kingdom depending on the reporting period. Under CEO Nadir Al-Koraya, who has led the bank since 2024, Riyad Bank reported total assets of about US$130.9 billion and operating income of roughly US$2.4 billion in H1 2025, and the bank operates across Saudi Arabia, Singapore, the UK, and the US.
For full-year 2023, the bank reported net profit of SAR 8.05 billion, an increase from the prior year, and it continued that growth trend into 2026 with quarterly profits in the low single-digit billions of riyals. The bank has also been active in capital markets activity, including a proposed bonus share issue and dividend distributions to shareholders, and has explored a potential IPO of its investment arm, Riyad Capital.
On the digital side, the bank has continued expanding Riyad Online and Riyad Mobile, added biometric login and Apple Pay/Google Pay support, and introduced instant digital account opening through Absher identity verification — reflecting a broader push across Saudi banking toward branch-free digital services.
Riyad Bank Services
Riyad Bank offers a broad range of personal and business banking products:
- Current and savings accounts — including standard current accounts, savings accounts, and youth/student accounts
- Cards — mada debit cards and a range of credit cards, including rewards/co-branded cards
- Personal finance — Sharia-compliant personal finance (Tawarruq/Murabaha), mortgage/home finance, and auto-lease finance
- Business & SME banking — accounts, financing, and POS/merchant services for small and medium enterprises
- Corporate & institutional banking — corporate accounts, trade finance, syndicated loans, and treasury services
- Investment banking & asset management — provided through subsidiary Riyad Capital
- Islamic banking — Riyad Bank states its retail and corporate products are Sharia-compliant
- Digital banking — Riyad Online (internet banking) and Riyad Mobile / the Riyad Bank App
- International transfers — local and international fund transfers through digital channels and branches
- ATM and POS network — a nationwide network of ATMs and point-of-sale terminals across Saudi Arabia
Riyad Bank Account Inquiries
History of Riyad Bank
Riyad Bank was established in 1957 with an initial share capital of SAR 50 million, making it one of the earliest modern commercial banks in Saudi Arabia. A significant early milestone came in 1960, when Al-Watani Bank merged into Riyad Bank, expanding its footprint in the kingdom.
Over the following decades, the bank grew alongside Saudi Arabia’s oil-driven economy, becoming a key financier for large industrial projects. It played a leading role in arranging syndicated loans for the oil, petrochemical, and infrastructure sectors — a position it still holds today.
Later milestones include steady increases in share capital (reaching SAR 15 billion in 2008 and SAR 30 billion in 2014), the 2008 launch of Riyad Capital as its investment banking and asset management arm, and a 2013 SAMA license enabling it to be the first Saudi bank offering mortgage and auto-leasing products under the new regulatory framework. In 2018, the bank launched a multi-year digital transformation program, and it has since expanded services such as Riyad Online, the Riyad Mobile app, and contactless and digital wallet payments (including Google Pay in 2025).
In December 2018, Riyad Bank held preliminary merger talks with National Commercial Bank, but this particular deal did not proceed as a Riyad Bank–NCB merger (NCB instead merged with Samba Financial Group in 2021 to form Saudi National Bank). Riyad Bank has remained an independent, standalone institution.