SABB wins “Best Bank in the Kingdom for 2021” award – Saudi News

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The Saudi British Bank (SABB) won the “Best Bank in the Kingdom for 2021” award from Global Finance magazine for the second year in a row. SABB received this award based on the opinions of elite financial experts, taking into account a number of criteria, foremost of which are asset growth, profitability, geographic scope, strategic relationships, as well as new business development and product innovation.

Tony Krebs, Managing Director of SABB, commented: “We are proud to have received this award for the second year in a row, as it is a culmination of the bank’s outstanding performance in providing innovative products and services to our customers, expanding our strategic relationships on the local, regional and global levels, as well as focusing To invest in the centers of power that we have established over the past years, and to expand into new areas in line with the opportunities provided by the Kingdom’s Vision 2030. After the success we achieved in completing the process of historical integration, we have become in a stronger position and ready for the future with its opportunities and capabilities in light of the wide developments The Saudi market is witnessing in various fields.

SABB Bank is keen to move forward towards achieving its vision under the slogan: “We bring a world of financial solutions to an ambitious kingdom.” He affirmed his keenness in particular to continue supporting the ambitious growth plans of the National Transformation Program and the basic programs that enable the realization of the Kingdom’s Vision 2030.

It is worth noting that SABB Bank completed the historic merger process with Alawwal Bank, which represents a positive step that will have a direct impact on the development of the financial sector in the Kingdom. Today, it presents the most complete offers in the field of corporate banking in the Kingdom to support growth in all aspects of the economy, and finance the largest infrastructure projects. In addition to enabling retail banking customers to access a wider branch network with the development of digital banking. SABB Bank also continues to strengthen its position in highlighting the concept of environmental, social and corporate governance in the Kingdom through its participation as one of the main organizers of the syndicated financing amounting to 14 billion Saudi riyals for the benefit of the Red Sea Development Company.







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