Our merger completes as Alawwal bank integrates into new SAB banking proposition

Sunday 14th March saw the completion of SAB and Alawwal bank’s historic merger, with services now combined for all customers. The integration saw the best of both institutions brought together into a renewed SAB proposition, designed around the growth ambitions of a transforming Kingdom

Since legally merging in June 2019, the integration saw every aspect of business reviewed to retain the best of each bank, while also investing to make a more competitive proposition overall

Today the bank offers Saudi Arabia’s most complete corporate banking proposition to support growth in all aspects of the economy, from the smallest to largest businesses, through to financing the biggest infrastructure projects. Retail customers will also have access to a larger branch network Kingdom-wide, an award winning mobile app, plus a market leading rewards program and unrivalled savings account.

The bank will further leverage its partnership with HSBC to offer access to an unrivalled international banking network, while also introducing new global standards in digital services to the Kingdom. 

How our values are shaping our integration and new bank?

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