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Saudi Awwal Bank wins two Global Banking & Finance Review Awards 2025 for its leadership in innovation

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Riyadh, Saudi Arabia, 20 October 2025: Saudi Awwal Bank (SAB), one of the leading banks in the Kingdom of Saudi Arabia, has received two prestigious awards — “Most Innovative Banking Initiative – SAB Innovation Centre, Saudi Arabia 2025” and “Excellence in Corporate Innovation, Saudi Arabia 2025” — from the Global Banking & Finance Review Awards, reinforcing its position as a leading force in financial innovation and a benchmark for innovation culture in the Kingdom and globally.

The awards highlight SAB’s strategic focus on building a sustainable culture of innovation and shaping a future-ready banking ecosystem. The SAB Innovation Centre serves as a key driver of financial innovation, providing the tools, capabilities and frameworks necessary to develop, test, and scale effective banking solutions.

Saeed Assiri, Chief Innovation Banking Officer at SAB, said: "These awards reflect our commitment to making innovation a shared responsibility across the financial sector. We are building a forward-looking ecosystem that keeps pace with the future of banking. By accelerating financial innovation, we are not only advancing the bank but also contributing to the growth of the Kingdom’s economy and supporting the objectives of Saudi Vision 2030."

This recognition adds to a series of prestigious accolades SAB has received in 2025, including being named “Best Bank in Saudi Arabia” by Euromoney for its strong financial performance and innovation leadership, and “Best Innovation in Operational Excellence” at the CX Live Show 2025 for its advanced use of automation and customer journey design to elevate service quality. These achievements reaffirm SAB’s commitment to shaping the future of financial services through innovation, collaboration, and sustainable growth.

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© SAB, Saudi Arabia. All Rights Reserved, 2025

 

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.