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ATM & BranchesSABB Named "Best Bank in Saudi Arabia" By Euromoney
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August 2021
Saudi British Bank (SABB) has been named the "Best Bank in Saudi Arabia" for the current year, from the internationally renowned banking magazine Euromoney. The award is given as part of the magazine’s annual Excellence Awards events to honor the best financial institutions around the world.
SABB received this award based on its positive results in several areas, the foremost of which are profitability, growth, geographical coverage, expanding the circle of strategic partnerships, implementing digital banking plans, as well as the ability to adapt to changing market conditions, especially in light of the Corona pandemic.
On this occasion, Mr. Tony Cripps, Managing Director of SABB, commented: "We are delighted to be named “Best Bank in Saudi Arabia” by Euromoney, especially under the current challenging environment. SABB is committed to providing its customers with the best banking experience while also introducing initiatives and products that continue to address the objectives of the Kingdom's Vision 2030.”
“Following the completion of our historic merger, we have gotten stronger, and we are fully prepared for the future with its opportunities in light of the great developments witnessed by the Saudi market in various fields". Mr. Cripps added.
Notably, SABB is one of four banks selected by the Saudi Central Bank to participate in a pilot scheme to advance digital finance and innovation across the Kingdom. SABB also revealed its participation in creating a business platform and a new electronic channel that meets the needs of small and medium-sized businesses, local businesses and government agencies.
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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.