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ATM & BranchesSaudi Awwal Bank Receives Market Leader in Digitizing Payments for Enterprise Merchants Awaard from MasterCard
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October 2023
Riyadh, 19/10/2023 : Saudi Awwal Bank has been awarded the “Market Leader in Digitizing Payments for Enterprise Merchants” by MasterCard. This award recognizes the outstanding efforts made by “SAB” in developing and enhancing digital payment systems for enterprise, reaffirming its position as one of the leading financial institutions in the field of finance and digital payments.
This award reflects recognition of "SAB" outstanding performance and significant achievements in enhancing the payment experience for enterprise. It embodies the diligent efforts made by the bank in developing the digital payment infrastructure and facilitating financial operations for Enterprise. "SAB" was honored during the award ceremony held in Dubai under the slogan "Reimagining Tomorrow's Transactions”.
Yasser Albarrak, Chief Corporate and Institutional Banking Officer at SAB, commented: "This achievement reflects our team's continuous dedication to providing advanced and secure digital payment solutions for our customers. We consider this award as an incentive to continue working diligently to enhance the payment experience for businesses and enterprise, always striving to deliver the highest level of quality and innovation in the field of digital payments. This award underscores our commitment to supporting our customers and helping them succeed in the digital business world.”
It is worth noting that "SAB" has made significant investments in providing innovative solutions for its customers. These efforts have resulted in a substantial improvement in the customer experience, enhancing convenience and security in financial transactions. The bank stands out as a leading innovator in the banking landscape and is one of the leading banks in the field of digital payments in the Kingdom.
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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.