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December 2024
Riyadh, Saudi Arabia – December 17, 2024 – Saudi Awwal Bank, one of the leading banks in the Kingdom of Saudi Arabia, has been awarded the “Corporate Innovation Award 2024” from Qorus, for the second consecutive year for its “SAB Innovation Excellence Initiative”, The award was presented during the Qorus reinvention award ceremony in Dubai on Tuesday, October 22, 2024.
Competing with over 700 organizations, SAB secured its place, reflecting its ongoing commitment to developing and implementing the Bank strategies aligned with its vision. The “SAB Innovation Excellence Initiative” aims to honors the Bank’s innovative projects and their teams. This award is a recognition for SAB’s continues efforts to accelerate financial innovation sector in line with Saudi Vision 2030, a strategic framework aimed at building a diverse and sustainable economy.
Saeed Assiri, Chief Innovation Officer at SAB, stated: “Receiving this award reflects our unwavering commitment to fostering innovation, a cornerstone of our strategy. It also highlights our investment in research and development, as well as our adoption of cutting-edge technologies to drive financial innovation. We believe innovation is the key to progress and success, and we will continue to deliver more advanced and effective financial solutions for our customers.”
This recognition further solidifies SAB's position as a leading financial institution as it works toward achieving its vision: “We bring a world of financial opportunities to an ambitious Kingdom.”
With its innovative services, global reach, and deep market understanding, the bank continues to provide its customers with the best banking experience.
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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.