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The volume of assets under custody managed by Saudi financial market institutions increased to 4.17 trillion riyals by the end of the second quarter of 2026, reflecting a 47.1% year-over-year growth. During the same quarter, there was an increase of 118.1 billion riyals compared to the first quarter of 2026. Riyad Capital led the list of institutions managing assets valued at 1.15 trillion riyals, followed by HSBC Saudi Arabia and Northern Trust. Additionally, the combined revenues of institutions engaged in custody activities rose by 7.78% to 222.93 million riyals in the second quarter of 2026, compared to the same period last year.
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