SNB Recognized with Multiple Awards in Treasury from Global Banking and Markets Awards 2025

The Saudi National Bank (SNB), which is the Kingdom’s largest bank by total assets, has been honoured with three prestigious awards at the “Global Banking and Markets” Saudi Arabia Awards 2025. These accolades celebrate SNB’s excellence in Treasury funding activities, its commitment to innovation, and its alignment with environmental, social, and governance (ESG) principles.
SNB has been recognized as the “Bank Treasury & Funding Team of the Year” for the second consecutive year, a testament to its consistent leadership in financial markets. The bank also received accolades for the “ESG Bond Deal of the Year” and the “Global FI Sukuk Deal of the Year”, highlighting its strategic efforts to deepen and diversify its funding profile and its dedication to sustainable finance.
Commenting on these achievements, Mr. Tareq AlSadhan, Chief Executive Officer of SNB, stated: “As the Kingdom’s National bank, we are proud to lead the financial sector in supporting Saudi Arabia’s ambitious growth targets. These awards not only reflect our Treasury team’s expertise but also underscore our commitment to the Kingdom’s Vision 2030 and the goal of achieving net-zero emissions by 2060.”
Mr. Fawaz Al-Thumairi, Senior Executive Vice President and Head of Treasury Business Group at SNB, added: “These awards validate our efforts in the Treasury space, where we continue to demonstrate innovation and resilience. As Saudi Arabia’s largest bank, we embrace the responsibility of driving progress while delivering exceptional value to our stakeholders.”
SNB’s success is bolstered by its robust credit ratings, including Aa3/P-1 (Stable) from Moody’s, A-/A-2 (Positive Outlook) from S&P, A-/F2 (Stable) from Fitch, and A+/A1 (Positive) from Capital Intelligence. These ratings highlight the bank’s financial stability and its leadership position in the region.
With a commitment to driving innovation and supporting the Kingdom’s economic diversification efforts, SNB remains at the forefront of the financial sector, championing sustainability and progress.