THE MIDDLE EAST’S
24. Riyad Bank
Country: Saudi Arabia
Sector: Banks & Financial Services
CEO: Nadir Al-Koraya
Market Value: $22.5 billion
Established in 1957, Riyad Bank operates 332 branches across Saudi Arabia, with international branches and offices in London, Houston, and Singapore. In July 2025, it issued $1.25 billion USD-denominated Tier 2 trust certificates, and in January 2026, the bank issued $1 billion USD-denominated Tier 2 sustainable notes. The bank’s assets stood at $138.5 billion in 2025. The Public Investment Fund holds a 21.75% stake in the bank.