Latest news and articles about Saudi banks from NEX English
The Board of Directors of Riyad Bank has approved a capital increase of <strong>33.33%</strong>, raising the total capital to <strong>40 billion riyals</strong> to enhance financial stability and support operational activities.
Data from the Saudi Central Bank reveals that investments by Saudi banks in treasury bonds rose to <strong>658.2 billion riyals</strong> in February 2026, marking an increase of <strong>5.2 billion riyals</strong> compared to the previous month. This growth reflects a <strong>9%</strong> annual increase, indicating rising confidence in the Saudi economy.