Saudi Awwal Bank Opens New Integrated Branch in SAB Tower

Saudi Awwal Bank, a key player in the Kingdom’s banking sector, unveiled its latest integrated branch within the SAB Tower premises. The inauguration ceremony, graced by Lubna Olayan, Chairperson of the Board, alongside board members and executive management, underscores the bank’s steadfast commitment to elevating customer experience and delivering exceptional banking services.

The new branch epitomises SAB’s strategic approach to bolstering customer satisfaction across retail, small and medium enterprises (SMEs), and investment sectors. Bandar Al-Gheshayan, Chief Wealth and Personal Banking Officer at SAB, expressed delight at the branch’s launch, emphasising the institution’s dedication to serving customers with unmatched excellence.

Al-Gheshayan reiterated the bank’s vision to emerge as the preferred choice for innovative financial solutions while fostering enduring relationships with customers and partners. SAB’s relentless focus on refining retail and corporate banking services aims to cater comprehensively to diverse client needs.

Noteworthy is SAB’s recent achievement with the inauguration of the SAB Tower headquarters, recognized with SmartScore Platinum and LEED Gold certifications. With roots tracing back over 90 years in Saudi Arabia, SAB has played a pivotal role in supporting the nation’s economic and social advancement.

Offering a spectrum of financial services, including corporate banking, investment, private banking, and treasury, SAB boasts a robust paid-up capital of SR20.5 billion, following its legal merger with Alawwal Bank in 2021. Operating under the oversight of the Saudi Central Bank and as an HSBC Group affiliate, SAB continues to reinforce its position as a cornerstone of the Kingdom’s financial landscape.

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