Saudi Awwal Bank (SAB) has clinched the esteemed title of "Best Bank Award 2024 in Saudi Arabia" from Global Finance, marking its fifth consecutive win. This accolade underscores SAB's commitment to innovation in banking services and its dedication to enhancing customer experiences.
The award follows a rigorous evaluation process involving a panel of financial experts who assessed various criteria, including asset growth, profitability, customer service quality, strategic partnerships and product innovation.
Tony Cripps, the managing director and CEO at SAB, expressed gratitude for the recognition, emphasising the bank's strategic foresight and excellence across all departments. He highlighted SAB's alignment with the Kingdom's Vision 2030 and its commitment to the Financial Sector Development Program, solidifying its position as a leading financial institution driving economic development.
Cripps reiterated SAB's focus on understanding market needs and surpassing customer expectations through innovative banking solutions, thereby empowering customers to achieve their ambitious goals.
In addition to the "Best Bank Award," SAB has further cemented its prominence in the banking sector through notable achievements. These include receiving the "Accreditation in Innovation" award from the Global Innovation Institute, making it the first bank in Saudi Arabia to receive such recognition. Moreover, SAB was honoured with the "Best Bank for Private Banking in the Kingdom" award by Euromoney magazine. These accolades underscore SAB's exceptional services, showcasing its ability to cater to customer needs with efficiency and innovative solutions.
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