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March 2017
H.E. Majid Al-Hugail, Minister of Housing met with SABB Managing Director Mr. David Dew, at the bank’s Head Office in Riyadh in the presence of senior executives from the bank, the Ministry of Housing and Real-Estate Development Fund.
The discussion focused on ways to enhance cooperation and partnership in the field of financing housing and real estates in general and offering of finance products that suits the programs and products launched by the Real Estate Development Fund in collaboration with the Saudi local banks.
In turn, Mr. David Dew welcomed the visit of H.E. the Minister which reflect the Ministry’s care and belief in the effective communication with the private sector in order to achieve the vision of the Government of the Custodian of the Two Holy Mosques to provide feasible solutions to facilitate the ownership of appropriate residence for the citizens. David confirmed SABB’s desire to contribute to achieving the aspirations of the citizens and to provide better services and products to the bank’s customers in this field.
David Dew confirmed that SABB with all its available channels are ready to communicate with the customers, receive and process their applications promptly with due care and usual flexibility. He pointed out that the present prestigious status of SABB in the field of real-estate financing is attributed to the distinctive products offered by the bank to the customers besides the factors of our flexibility and promptness in the processing of the customers’ applications.
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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.