# Riyad Bank + Riyad Mobile

> Source: https://docs.barcoder.ai/docs/wallets/riyad-bank
> research date 2026-05-29 · extracted at 2026-10-03
> Publisher: Barcoder — encyclopedia of QR, barcode and payment-code standards

Specifications:
- [Riyad Bank — official](https://www.riyadbank.com/)

## Overview

**Riyad Bank** is **one of Saudi Arabia's largest banks** + **Vision 2030 banking leader** <sup>[1][1], [2][2], [Saudi Arabia report](https://docs.barcoder.ai/docs/payments/SA)</sup>. **Riyad Mobile** = Riyad Bank's flagship digital banking app, **redefining banking experience** with leading features + services.

**Riyad Mobile distinctive features** <sup>[1][1]</sup>:
- **Account management**: Download statements + update personal information + checkbook requests
- **Credit card services**: Card management + transfers + PIN view + limit increases
- **Transfer services**: Manage + schedule transfers
- **Biometric authentication** security
- **Personalization**: Quick actions customized to user's banking needs

**Recent Riyad Mobile enhancements** <sup>[1][1]</sup>:
- **Hassad Items**: Wide variety of physical items purchasable with Hassad points
- **Credit Cards For You**: Personalized credit card suggestions based on lifestyle

**Riyad Bank multi-country presence**: Saudi Arabia primary + UK (London) + USA branch.

## History

**1957 — Riyad Bank founded** <sup>[2][2]</sup> as Saudi commercial bank — same year as Al Rajhi Bank.

**1980s-2024 — Multi-product Saudi banking expansion** <sup>[2][2]</sup>: Multi-product retail + corporate banking.

**2024-2025 — Riyad Mobile enhancements (Hassad Items + Credit Cards For You + biometric authentication + personalization)** <sup>[1][1]</sup>.

## Ownership & operator

**Operating entity**: **Riyad Bank** (Tadawul: 1010).

**Major shareholders**: **PIF (Saudi Public Investment Fund; sovereign wealth fund) + GOSI (General Organization for Social Insurance) + various Saudi institutional + Tadawul public float**.

**Regulators**: **SAMA (Saudi Central Bank)**.

## Technical integration

| Layer | Description |
|---|---|
| **Channels** | Riyad Mobile app (iOS + Android) + Riyad Online + Riyad cards + Riyad branch network + Riyad ATM |
| **Identifiers** | Phone + email + card number + Saudi ID |
| **SA rails** | **[Mada](https://docs.barcoder.ai/docs/standards/mada) + [SARIE](https://docs.barcoder.ai/docs/standards/sarie)** (Saudi national debit + instant payments) |
| **License** | Bank (Riyad Bank full Saudi banking license) |
| **Sub-products** | Riyad Bank Account + Riyad Bank Cards + Riyad Bank Credit + Riyad Bank Investments + Riyad Bank Insurance + Riyad Bank for Business + Riyad Mobile + Riyad Online + Riyad Mobile Business + Hassad points (loyalty) |
| **Distinctive Riyad Mobile features** | Hassad Items + Credit Cards For You + biometric authentication + personalization |
| **Multi-country**: SA primary + UK (London) + USA |

## Users & growth

**Baseline** <sup>[1][1]</sup>:
- **Saudi major bank** (Vision 2030 banking leader)
- **Multi-country**: SA primary + UK + US
- **Recent Riyad Mobile enhancements**: Hassad Items + Credit Cards For You + biometric authentication
- **Specific 2025 user numbers**: not publicly disclosed in current sources

## Use cases

Saudi retail + corporate banking via Riyad Mobile + Riyad Online; Hassad points loyalty (physical-items redemption via Hassad Items); personalized Credit Cards For You suggestions; biometric authentication; multi-country UK + US Riyad Bank presence.

## Implementations & partners

**Operator**: **Riyad Bank** (Tadawul: 1010).

**Major shareholders**: **PIF (Saudi Public Investment Fund) + GOSI + various Saudi institutional + Tadawul public float**.

**Major Saudi banking competitors**:
- **[Al Rajhi Bank](https://docs.barcoder.ai/docs/wallets/al-rajhi-bank)** (World's largest Islamic bank by market cap + ME's largest retail bank; 18.5M+ customers)
- **[Saudi National Bank (SNB)](https://docs.barcoder.ai/docs/wallets/saudi-national-bank)** (Saudi National Bank; SA's largest bank by assets; post-2021 NCB + Samba merger)
- **[STC Pay](https://docs.barcoder.ai/docs/standards/stc-pay)** (Batch 8 covered; STC Pay / STC Bank)
- **[Hala](https://docs.barcoder.ai/docs/wallets/hala)** (Batch 13 covered; Saudi SME comprehensive)
- **Banque Saudi Fransi + Arab National Bank + Saudi Investment Bank + Bank AlBilad + Bank AlJazira + Alinma Bank**

**Regulator**: **SAMA**.

## Fun facts

- **One of Saudi Arabia's largest banks** + **Vision 2030 banking leader**.
- **1957 founding** — same year as Al Rajhi Bank.
- **Riyad Mobile distinctive features**: Hassad Items (physical items via Hassad points) + Credit Cards For You (personalized suggestions) + biometric authentication + personalization.
- **Hassad points loyalty program** — distinctive Riyad Bank rewards ecosystem.
- **Multi-country**: Saudi Arabia + UK (London) + USA branch.
- **PIF (Saudi Public Investment Fund) + GOSI** major Saudi institutional shareholders.

## Comparison

| Feature | Riyad Bank + Riyad Mobile | [Al Rajhi Bank](https://docs.barcoder.ai/docs/wallets/al-rajhi-bank) (World's largest Islamic bank rival) | [Saudi National Bank (SNB)](https://docs.barcoder.ai/docs/wallets/saudi-national-bank) (SA's largest bank by assets rival) | [STC Pay](https://docs.barcoder.ai/docs/standards/stc-pay) (Batch 8; SA telco-bank) | [Hala](https://docs.barcoder.ai/docs/wallets/hala) (Batch 13; SA SME comprehensive comparable) |
|---|---|---|---|---|---|
| Operator | **Riyad Bank (Tadawul: 1010; PIF + GOSI + Saudi institutional + Tadawul public float)** | Al Rajhi Banking and Investment Corporation (Tadawul: 1120; Al Rajhi family + PIF + institutional) | Saudi National Bank (SNB; Tadawul: 1180; PIF largest + PPA + GOSI + public float; post-Apr 1 2021 NCB + Samba mega-merger) | STC Pay (STC Bank subsidiary) | Hala (TPG + Sanabil $157M Sep 2025) |
| Type | **SA major bank + Riyad Mobile + Hassad points loyalty + Vision 2030 banking leader** | World's largest Islamic bank by market cap + comprehensive Islamic banking mobile experience | SA's largest bank by assets + SNB Mobile + SNB QuickPay remittance (9-language) | SA telco-bank wallet | Saudi SME comprehensive financial infrastructure |
| Country | SA + UK + US | SA + KW + JO + MY | SA + UAE + BH + SG + KR + TR | SA primary | Saudi + UAE |
| Distinctive | **1957 founding (same year as Al Rajhi); Vision 2030 banking leader; Hassad Items + Credit Cards For You + biometric + personalization; multi-country SA + UK + US presence; PIF + GOSI Saudi institutional shareholders** | World's largest Islamic bank by market cap; 18.5M+ customers; 2024 1B+ app logins; full Shariah compliance | PIF largest shareholder; Apr 1 2021 NCB + Samba mega-merger; SNB QuickPay 9-language remittance | Saudi telco-bank | Sep 2025 $157M Series B (TPG + Sanabil/Saudi PIF) |

## Status

**Active, one of Saudi Arabia's largest banks + Vision 2030 banking leader** <sup>[1][1], [2][2]</sup>:
- **Riyad Bank (Tadawul: 1010)** since 1957.
- **Riyad Mobile flagship digital banking app** with distinctive features (Hassad Items + Credit Cards For You + biometric authentication + personalization).
- **Multi-country**: SA primary + UK + US.
- **PIF + GOSI major shareholders**.
- **SAMA regulated**.

## Sources

[1]: https://www.riyadbank.com/personal-banking/digital-banking-channels/riyad-mobile "Riyad Mobile — Riyad Bank"
[2]: https://www.riyadbank.com/personal-banking/about-us/who-we-are1 "Who We Are — Riyad Bank"
[3]: https://vision2030.ai/encyclopedia/riyad-bank/ "Riyad Bank — Saudi Banking Leader Vision 2030 — Vision2030.ai"
[4]: https://www.riyadbank.com/business-banking/payments-collection/mobile-banking "Riyad Mobile Business — Riyad Bank"
[sa-cro]: https://docs.barcoder.ai/docs/payments/SA

- [1] [Riyad Mobile — Riyad Bank][1]
- [2] [Who We Are — Riyad Bank][2]
- [3] [Riyad Bank Saudi Banking Leader Vision 2030 — Vision2030.ai][3]
- [4] [Riyad Mobile Business — Riyad Bank][4]
- <sup>[Saudi Arabia report](https://docs.barcoder.ai/docs/payments/SA)</sup> In-corpus: `reports/countries/SA-saudi-arabia.md`

## Source

Biography extracted from [riyad-bank.md](https://docs.barcoder.ai/source/wallets/riyad-bank). See `matrix.md` for standards-support matrix if present.