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In Riyad Bank we believe that compliance is the responsibility of all staff, this belief is not merely a consideration but it is also translated into a reflection on how we conduct our work.
We are committed to comply with laws, regulations, as well as our self-inflected regulations such as but not limited to our Code of Ethics and Conduct. Riyad Bank pursues to make compliance embedded within the essence of the Bank’s processes out of care for our customers and stakeholders and to protect our activities.
Key components of our compliance framework lies in compliance policies approved by the board and the following approved policies:
The exchange of gifts and benefits between the bank and its stakeholders is normal in the course of business, but may appear improper even if there was no unethical intent. We are committed to doing business based on our ethical standards and the value we provide to our customers and stakeholders, not on gifts or offers we give or receive, thus our policy provides clear guidance on what the bank allows for its employees to accept or give in terms of gift, benefits, favors, entertainment…etc.
We value our reputation and consider it to be an integral part of our business. We do not compromise our reputation by engaging in, or appearing to engage in, bribery or any form of corruption.
Banking Made Easy for You
Join Riyad Bank for secure, seamless, and stress-free banking. Take the first step today.