Saudi Awwal Bank (SAB): Empowering Ambition with Financial Innovation
Saudi Awwal Bank (SAB) is one of the largest and most trusted financial institutions in the Kingdom of Saudi Arabia. We brings a proud legacy that spans more than 90 years. Throughout this time, the bank has played a vital role in driving the Kingdom’s economic growth and social development. It began as the Saudi British Bank (SABB) and later transformed through a strategic merger with Alawwal Bank in March 2021. Today, SAB continues to redefine banking excellence in alignment with Saudi Arabia’s Vision 2030.
A Global Vision for an Ambitious Nation
SAB operates under the supervision of the Saudi Central Bank. It is a licensed financial institution and a strategic partner of the HSBC Group. This global affiliation enhances SAB’s ability to offer international financial solutions with local relevance. As a result, SAB leads in corporate and institutional banking, wealth management, and personal banking services.
The bank also holds a strong position in several financial sectors. These include trade finance, foreign exchange, and equity and debt wholesale banking. SAB is at the forefront of digital banking innovation in Saudi Arabia. It also champions Environmental, Social, and Governance (ESG) standards, reinforcing its commitment to responsible and sustainable growth.
Our Purpose and Proposition
At SAB, our purpose begins with a promise:
“We Bring a World of Financial Opportunities to an Ambitious Kingdom.”
This message reflects our commitment to collaborative strength and global experience. We aim to deliver transformative solutions tailored to Saudi Arabia’s fast-evolving economy.
Through our international connectivity—enhanced by our partnership with HSBC—we focus on creating real economic and social value. SAB strives to serve as the financial engine driving the Kingdom’s ambitions.
Core Services
SAB offers a fully integrated portfolio of financial and banking solutions, including:
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Corporate and Investment Banking
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Private and Wealth Management Services
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Treasury and Risk Solutions
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Digital Financial Platforms and Tools
SAB has a paid-up capital of SAR 20.5 billion. This strong financial foundation positions the bank to deliver powerful banking capabilities to both individuals and institutions across the Kingdom.
Our Values: The Foundation of Our Culture
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Think Customer: We prioritize customer needs to enhance service quality and personal accountability.
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Work Together: Collaboration fuels collective success across teams and customers.
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Do the Right Thing: At SAB, we act with integrity, building a culture of trust and responsibility.
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Be Innovative: Creativity drives continuous progress in every solution we offer.
