Riyad Bank 2023 AR2
The report highlights Riyad Bank's strong financial and operational performance in 2023, achieving a 15% increase in net profit to SAR 8.0 billion. Aligned with Saudi Vision 2030, the bank made significant strides in digital transformation, launching its innovation arm, Jeel Company, and obtaining authorization for open banking services. In sustainability, the bank expanded its 'Bukra' CSR program, grew its net green and renewable loan commitments by over SAR 16 billion, and achieved ISO 26000 certification. Additionally, Riyad Bank prioritized diversity and inclusion, increasing female representation to 29% of its workforce and hiring individuals with disabilities through the Iqdam program.
Company: Riyad Bank
Sector: Finance & insurance
Country: Saudi Arabia
Year: 2023
Type: AR2
Pages: 115
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Riyad Bank
Annual Report
The report highlights Riyad Bank's strong financial and operational performance in 2023, achieving a 15% increase in net profit to SAR 8.0 billion. Aligned with Saudi Vision 2030, the bank made significant strides in digital transformation, launching its innovation arm, Jeel Company, and obtaining authorization for open banking services. In sustainability, the bank expanded its 'Bukra' CSR program, grew its net green and renewable loan commitments by over SAR 16 billion, and achieved ISO 26000 certification. Additionally, Riyad Bank prioritized diversity and inclusion, increasing female representation to 29% of its workforce and hiring individuals with disabilities through the Iqdam program.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees