Moody's Affirms Riyad Bank Rating on Resilient Financial Profile

12:15 AM EDT, 10/23/2026 (MT Newswires) -- Moody's affirmed the long-term deposit rating of Riyad Bank (SASE:1010) at A1, with an unchanged stable outlook. The rating agency said Thursday the affirmation reflects expectations that the Tadawul-listed lender's baa1 baseline credit assessment will remain stable, supported by a resilient financial profile, solid capitalization, strong earnings, and a stable deposit base. Meanwhile, the affirmed stable outlook reflects expectations of easing funding and liquidity pressures, while the bank's profitability and capitalization remain broadly stable despite rising SME exposure. The outlook also factored in the stable outlook for the Saudi government.