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September 2020
The Saudi British Bank (SABB) has won the best Digital Mobile Banking App award in Saudi Arabia from Global Finance. This is in recognition of the application’s excellence in providing digital banking services in terms of capability, flexibility, and innovation.
Commenting on winning the award, Naif Al-Abdulkareem, Deputy Managing Director, Retail Banking and Wealth Management at SABB said: “We are proud to receive this award, especially during this time of our historic merger between SABB and Alawwal Bank. This reinforces our ambition to be the best bank in the Kingdom, considering that Digital banking is one of our strategic pillars to support our competitive strength, as well as to improve our customer experience.”
Al-Abdulkareem added: “At a time when the Corona pandemic imposed many challenges and restrictions, we achieved remarkable success in facing these challenges, as we were able to manage our business and deliver our services to our customers perfectly. Thanks to our continuous investment into modern technology and digital transformation to manage our business and banking services. We will continue our focus on developing digital banking and creating solutions to ensure that we provide a pioneering banking experience to our customers. "
SABB has recently achieved a significant increase in the number of digital channel users, and has succeeded in migrating a wide range of services from branches to its digital platforms. The SABB Mobile application has become an integrated and advanced banking solution platform with more than 100 features which meet the needs of 70% of customers who uses the digital channels on a regular basis. These advancement has positively contributed in the increase of digital financial transactions by 50% comparing to the same period last year.
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© SAB, Saudi Arabia. All Rights Reserved, 2024
Saudi Awwal Bank, a listed joint stock company, incorporated in the Kingdom of Saudi Arabia, with paid in capital of SAR 20,547,945,220, commercial registration certificate 1010025779, unified number 7000018668, Mailing Address: P.O. Box 9084, Riyadh 11413. National Address: 7383 King Fahad Branch Rd, 2338 Al Yasmeen Dist., 13325 Riyadh, Kingdom of Saudi Arabia, Tel. +966 11 4050677, www.sab.com, licensed pursuant to the Council of Ministers Resolution No. 198 dated 06/02/1398H and Royal Decree No. M/4 dated 12/08/1398H, and regulated and supervised by the Saudi Central Bank.