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Saudi Awwal Bank Secures First Place in Qorus Innovation Award for its “INNOVATE by SAB” Program

November 2023

Riyadh, Saudi Arabia, 20\11\2023 – Saudi Awwal Bank received the Innovation Operational Efficiency Award, securing first place for its "INNOVATE by SAB " program at the Innovation Awards ceremony for the Middle East and Africa region, presented by " Qorus" on Wednesday, October 11th.

The program was designed through a series of initiatives, workshops, training camps, and hackathons launched by "SAB" to stimulate creativity and entrepreneurial thinking among its employees.

The awards ceremony was held in Dubai to showcase the exceptional work and advanced innovations taking place in the region and emphasizing pioneering initiatives on a broader scale.

The program is committed to providing innovative financial solutions that enhance the customer experience, with a strong focus on developing banking operational efficiency and fostering an innovation culture.

Founded in 1971 by banks and insurance companies, Qorus is a global non-profit organization offering a neutral space for over 1,200 financial groups in 120+ countries. Headquartered in Paris, it provides a platform for sharing best practices and fostering collaboration among financial institutions worldwide.