Extending its successful participation in previous exhibitions, Riyad Bank has completed its preparations to receive visitors today at its booth at the Riyadh Real Estate, Housing and Real Estate Development Exhibition “Restatex”, which is being held under the patronage of H.E. Minister of Housing, Majid bin Abdullah Al-Hogail, from April 24-27, with the support and participation of the Ministry of Commerce and Industry, a number of leading companies in the real estate and finance sector and a number of Saudi and Gulf banks.
On this occasion, Riyad Bank's Senior Vice President, Head of Products and Services Saleh Al-Saif explained that the bank's participation in this type of exhibitions in general, and Restatex in particular, aims to communicate directly with the public, to inform them of all exceptional offers and all financing solutions offered by the bank, to own a property that suits the financial capabilities of its customers.
On this occasion, Riyad Bank's Senior Vice President, Head of Products and Services Department Saleh Al-Saif
Seif pointed out that Riyad Bank's participation in Restatex Riyadh came after the great demand witnessed by the bank's pavilion in Restatex Jeddah, because Riyad Bank's financing programs are the easiest, most flexible and fastest in the Kingdom, and are designed to match the ambitions of the bank's customers to own a property in any governorate or city. Al-Seif explained that Riyad Bank offers various facilities to all those who apply for real estate financing, most notably the possibility of financing up to 5,000,000 riyals and a lease period of up to 30 years; pointing out that all of this is done according to three formulas approved by the bank's Shari'a Board, namely: "Murabaha, including additional financing for the Real Estate Development Fund, Ijarah with the promise of ownership, and Ijarah with the promise of ownership."
Seif listed some of the other benefits that Riyad Bank offers to its customers who wish to finance real estate: Riyad Bank offers financing solutions for completed/under-construction residential properties and residential units for off-plan licensed projects. In addition to the advantage of solidarity between husband and wife and between family members.
Seif pointed out that Riyad Bank has recently launched a personal finance program for retirees, which gives new and existing customers of the bank who are retirees of the Public Institution for Social Insurance and the Public Pension Agency the opportunity to obtain special personal finance offers with the lowest profit margin, many unique and exclusive incentive benefits, and competitive prices.
Seif pointed out that Riyad Bank recently launched a personal finance program for retirees.
