Saudi Awwal Bank Receives Best Bank Award 2024 in Saudi Arabia for the Fifth Time

In an achievement that reflects its continued uniqueness in the banking sector, Saudi Awwal Bank was awarded the “‘Best Bank Award 2024 in Saudi Arabia” by Global Finance for the fifth time in a row. The award is a recognition of the excellence “SAB” provides in innovative banking experiences and its efforts in serving its customers and enhancing their banking experience.

This award was granted following a referendum in which a select panel of financial experts participated, considering a range of criteria that included asset growth, profitability, quality of customer service, strategic relationships, product innovation, and other relevant factors.

Commenting on the award, Tony Cripps, Managing Director & CEO at SAB said: “Being honored with this prestigious award serves as a testament to our bank’s strategic vision and excellence across various departments and reinforces our commitment to supporting the Kingdom’s Vision 2030 in the Financial Sector Development Program, highlighting our position as a leading financial institution in contributing to the economic development.”

He added: “Through our deep understanding of the market needs, we develop products and services to exceed our customers’ expectations – enabling us to provide distinctive and innovative banking solutions, contributing to achieving their desires and helping them reach their ambitious goals.”

This year, “SAB” continues to strengthen its leading position in the banking sector through remarkable achievements, including the “Accreditation in Innovation” award from the Global Innovation Institute – which marks it as the first bank in the Kingdom. “SAB” was also honored the “Best Bank for Private Banking in the Kingdom” award by Euromoney magazine. These awards serve as a testament to the bank’s exceptional services, highlighting its strength and diversity in catering to the needs of its customers with utmost efficiency and innovative solutions.