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January 2010
SABB’s new Western Province Management building has been officially opened at an inauguration ceremony in Jeddah, hosted by SABB Chairman, Sheikh Khaled Suliman Olayan, and attended by several members of the board, distinguished guests and senior management.
Sheikh Khaled Suliman Olayan commented on the progress witnessed in the Western Region thanks to the efforts of HRH Prince Khalid Al Faisal, Governor of Makkah Al Mukaramah Region, and HRH Prince Mishaal Bin Majed Bin Abdulaziz, Governor of Jeddah, under the directives of the Custodian of the Two Holy Mosques and HRH the Crown Prince and HRH the Second Deputy Premier. He further commented that the move to the new building demonstrated the Bank’s confidence in the continuing expansion of its business.
“2009 was a challenging year for the financial services industry. However, SABB is strongly positioned to take advantage of opportunities which the expanding Saudi economy will enjoy in 2010” Sheikh Khaled said.
“Indeed, year on year, our business improved in 2009, with operating income increasing encouragingly over the previous year".
“I am confident that our actions last year will be reflected in the continuing development of our business in 2010, whilst maintaining our prudent approach to conducting our business and enhancing the delivery of our services to our valued customers.”
SABB’s new Western Province Management building on King Abdulaziz Road, Jeddah, houses the offices of the area General Manager, regional corporate, personal finance and human resources departments, and includes our latest branch in Jeddah, incorporating a world class Premier center.
The new building is part of the Bank’s on-going plans to provide the latest in bank facilities with highest quality service to its customers while providing our staff with the best work environment, he added. Sheikh Khaled wished Alaa Al Jabri, Area General Manager, and all his staff the very best for the future success of the Bank in the region.
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© SAB, Saudi Arabia. All Rights Reserved, 2024
Saudi Awwal Bank, a listed joint stock company, incorporated in the Kingdom of Saudi Arabia, with paid in capital of SAR 20,547,945,220, commercial registration certificate 1010025779, unified number 7000018668, Mailing Address: P.O. Box 9084, Riyadh 11413. National Address: 7383 King Fahad Branch Rd, 2338 Al Yasmeen Dist., 13325 Riyadh, Kingdom of Saudi Arabia, Tel. +966 11 4050677, www.sab.com, licensed pursuant to the Council of Ministers Resolution No. 198 dated 06/02/1398H and Royal Decree No. M/4 dated 12/08/1398H, and regulated and supervised by the Saudi Central Bank.