Log in
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Dynamic quotes 

MarketScreener Homepage  >  Equities  >  Saudi Arabian Stock Exchange  >  Riyad Bank    1010   SA0007879048


End-of-day quote. End-of-day quote Saudi Arabian Stock Exchange - 01/25
21.3 SAR   +0.85%
2020Goldman Sachs banker who built Middle East business to retire
2020Saudi's Almarai appoints new managing director, CEO leaves
2020RIYAD BANK : quaterly earnings release
SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Riyad Bank : is Issuing Medium-term Sukuk

11/07/2013 | 04:32am EST
Monday, November 4, 2013Riyad Bank is Issuing Medium-term Sukuk
Talal Ibrahim Al-Qudaibi, Riyad Bank?s CEO, said that the Bank started last week the roadshow for the issuance of medium-term Sukuk in Saudi Riyal. It will be private placement offer to institutional investors in the local market. The Sukuki will be for 7 years maturity callable after 5 years with variable return, which will be determined according to subscriptions orders. Riyad Capital has been appointed as a financial advisor and lead manager to this issue.

Al-Qudaibi explained that Riyad Bank aims to diversify the sources of funding, and reduce the asset /liability maturity mismatch by securing long term funding, and provide good investment opportunity for the bank?s clients and investors in the local market. It is expected that this issue would earn a high rate of investors? interest given the bank?s strong financial position. This is supported by the bank receiving grade (AA-) from Capital Intelligence and (A+) from Standard and Poor?s and Fitch Agency, which are the largest global financial credit rating agencies. These ratings are considered the highest among all banks in the kingdom. They also confirm the stable outlook of the bank, which reflects the financial position of the bank and its outstanding performance. Riyad bank has already issued bonds in US dollar for 5 years in 2006 and they were very well received in the global market.

It is noted that Riyad Bank has recently announced its profits of SAR 2,917 Million in the first 9 months of 2013, which is 10% higher than the same period in 2012.
distributed by

© Publicnow 2013
All news about RIYAD BANK
2020Goldman Sachs banker who built Middle East business to retire
2020Saudi's Almarai appoints new managing director, CEO leaves
2020RIYAD BANK : quaterly earnings release
2020RIYAD BANK : half-yearly earnings release
2019Saudi stocks slide on banks as most Gulf markets lower
2019Guggenheim’s Dubai venture hires Goldman Sachs' Abu Innab to head MENA ..
2017Six banks pitch for Aramco IPO role on Saudi bourse - sources
2015Big Saudi firms to pay bonuses, imitating royal handout
2013RIYAD BANK : is Issuing Medium-term Sukuk
2013RIYAD BANK : The election of Riyad Bank?s Board of Directors
More news
Sales 2020 11 201 M 2 987 M 2 987 M
Net income 2020 5 025 M 1 340 M 1 340 M
Net Debt 2020 - - -
P/E ratio 2020 12,0x
Yield 2020 2,83%
Capitalization 63 900 M 17 035 M 17 039 M
Capi. / Sales 2020 5,70x
Capi. / Sales 2021 5,62x
Nbr of Employees 5 441
Free-Float 44,8%
Duration : Period :
Riyad Bank Technical Analysis Chart | 1010 | SA0007879048 | MarketScreener
Technical analysis trends RIYAD BANK
Short TermMid-TermLong Term
Income Statement Evolution
Mean consensus OUTPERFORM
Number of Analysts 12
Average target price 21,57 SAR
Last Close Price 21,30 SAR
Spread / Highest target 43,2%
Spread / Average Target 1,26%
Spread / Lowest Target -17,8%
EPS Revisions
Managers and Directors
Tariq Abdulrahman Saleh Al-Sadhan Chief Executive Officer & President
Abdullah Mohammed bin Ibrahim Al-Issa Non-Executive Chairman
Mohammed Abdullah Al-Yahya EVP-Operations, Technology & Support Services
Abdullah Ali Al-Oraini Chief Financial Officer
Talal Ibrahim Abdulrahman Al-Qudaibi Independent Director
Sector and Competitors