Saudi Awwal Bank Named Best Bank in Saudi Arabia for 2025 by Global Finance Magazine
In a groundbreaking announcement, Saudi Awwal Bank (SAB) has been honored with the prestigious title of “Best Bank in Saudi Arabia for 2025” by the esteemed Global Finance magazine. This recognition serves as a shining beacon, showcasing SAB’s unparalleled leadership within the Saudi banking sector and its unwavering dedication to providing innovative financial services that cater to the ever-changing needs of its clientele, all while aligning with the ambitious objectives of Vision 2030.
This accolade not only cements the financial industry’s trust in SAB but also underscores the bank’s exceptional performance as a top-tier financial institution. Over the years, SAB has demonstrated remarkable growth in assets and profitability, expanded its customer base, and embraced cutting-edge financial technologies to elevate the customer experience to new heights.
Global Finance magazine’s decision to bestow this prestigious award upon SAB was informed by a rigorous evaluation process that considered various factors, including financial performance, business expansion, service excellence, digital innovation endeavors, risk management protocols, and sustainability measures.
Offering his insights on this momentous occasion, Tony Cripps, the Managing Director and CEO of SAB, remarked: “This recognition is a testament to the unwavering dedication, commitment, and sheer hard work exhibited by our entire team in delivering unparalleled banking services to our valued customers. It also underscores our agility in adapting to the rapid changes sweeping through the financial landscape, showcasing our success in implementing a customer-centric, innovation-driven strategy.”
He further added: “Our commitment remains steadfast in continually enhancing and evolving our financial offerings to provide a comprehensive banking experience that empowers our customers to achieve their aspirations, all while bolstering our contributions to the flourishing Saudi economy.”
By embracing cutting-edge banking technologies and adhering to a strategy that mirrors national economic priorities and social responsibilities, SAB continues to solidify its standing as a trailblazer in the financial realm, playing a pivotal role in propelling development and fortifying the financial sector in the Kingdom.
With a rich history spanning over 90 years in Saudi Arabia, Saudi Awwal Bank stands as one of the largest financial institutions in the country, actively bolstering the Kingdom’s economic progress and societal advancement.
Renowned for its top-notch Wealth & Personal Banking offerings, SAB also leads the charge in trade finance, foreign exchange, wholesale banking, digital innovation, and ESG practices, setting the stage for transformative change and unparalleled excellence.
Offering a comprehensive suite of financial and banking services, including corporate banking, investment solutions, private banking, and treasury services, SAB boasts a paid-up capital of SR20.5 billion, post its legal merger with Alawwal Bank on March 14, 2021, under the name of the Saudi British Bank (SABB). Operating under the strict supervision and regulation of the Saudi Central Bank, SAB stands as a proud partner of the esteemed HSBC Group.
