Saudi Awwal Bank (SAB), one of the leading banks in the Kingdom of Saudi Arabia, was awarded Euromoney's “Best Bank for ESG” award for the second consecutive year. The award recognizes SAB's approach to sustainability and reporting.

It comes as part of SAB’s efforts to align with market best practices while being a key contributor towards shaping corporate sustainability discussions in the Kingdom.

Commenting on the award, Tony Cripps, Managing Director & CEO at SAB, said: "We are proud to have received this award. This is a recognition of our efforts to embed ESG principles across our operations and decision-making processes."

He added: "It is a testament to our commitment to sustainable banking and our desire to create long-term value for our stakeholders."

SAB's continuous improvement and high-performance standards have been recognized with the Bank being awarded the "Best Bank in Saudi Arabia" and "Best Trade Finance Provider in Saudi Arabia" awards by Global Finance.

SAB was also honored with Euromoney magazine's "Best Bank for Private Banking in the Kingdom" award. These awards signify the Bank's exceptional services, highlighting its strength in catering to the Kingdom’s evolving business landscape with utmost efficiency and innovative solutions.