https://arab.news/me53h
Saudi Awwal Bank has been 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 SAB’s innovative banking services and its efforts in serving its customers and enhancing their banking experiences.
The recognition came 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.
Tony Cripps, managing director and 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. It highlights our position as a leading financial institution in contributing to economic development.”
He added: “Through our deep understanding of 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 several achievements, including the “Accreditation in Innovation” award from the Global Innovation Institute, which makes it the first bank in the Kingdom to receive such recognition. SAB was also honored with 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 efficiency and innovative solutions.