Saudi Awwal Bank named ‘Best Bank for ESG’ for second year in a row

Tony Cripps, managing director and CEO at SAB
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Saudi Awwal Bank, one of the leading banks in the Kingdom, received Euromoney’s “Best Bank for ESG” award for the second consecutive year. The award recognizes SAB’s approach to sustainability and reporting.

The recognition comes as part of SAB’s efforts to align with market best practices whilst being a key contributor toward shaping corporate sustainability discussions in the Kingdom.

Tony Cripps, managing director and CEO at SAB, said: “We are proud to have received this award. This is a recognition of our efforts to embed ESG principles across our operations and decision-making processes.”

He added: “It is a testament to our commitment to sustainable banking and our desire to create long-term value for our stakeholders.”

SAB’s continuous improvement and high-performance standards have been recognized with other awards such as the “Best Bank in Saudi Arabia” and “Best Trade Finance Provider in Saudi Arabia” awards by Global Finance. 

The bank was also honored with the Euromoney magazine’s “Best Bank for Private Banking in the Kingdom” award. These awards signify SAB’s exceptional services, highlighting its strength in catering to the Kingdom’s evolving business landscape with utmost efficiency and innovative solutions.