Saudi- Riyad Bank meeting focuses on future growth plans

(MENAFN- Arab News) Riyad Bank held its annual corporate banking meeting for 2015 in Riyadh earlier in February.

The event attended by the bank's Chairman Rashed Al-Rashed CEO Talal Al-Qudaibi deputy CEO Abdulmajeed Al-Mubarak and executive management from both the head office as well as regional offices focused on the bank's achievements in 2014 as well as future growth plans for 2015.

Riyad Bank's chairman Rashed Al-Rashed expressed his gratitude and appreciation for the results achieved by the bank's staff in 2014 as well as the support provided by the bank to the Kingdom's corporate sector.

'Our industry and its growth are essential to the well-being of the country's economy' said Riyad Bank CEO Talal Al-Qudaibi. 'The banking sector is one of the pillars of the Kingdom's development and it is essential that the sector moves forward as one to benefit the Kingdom its businesses and the public. The competition we are seeing in our industry is helping to drive efficiency innovation and professionalism at Riyad Bank' he added.

The attendants discussed a number of issues and challenges faced by the banking sector and corporate financing professionals including analyzing acquisition and divestitures opportunities as well as how to support business growth through best practice financing.

'This year we will focus on developing and supporting our customers through the rollout of innovative solutions that will support their expansion' said the bank's Executive Vice President of Corporate Banking Ossama Bukhari.

'We have worked hard to understand what our customers need and created unique solutions such as our Riyad Mobile Business smart phone application that aims to make banking even easier for our customers. We'll continue to work on their behalf so that they get even more value from banking with Riyad Bank' he added.