Saudi Awwal Bank (1060)

Profile

https://www.sab.com

Saudi Awwal Bank is a Saudi joint stock bank that provides a wide range of banking and financial services across the Kingdom of Saudi Arabia. Headquartered in Riyadh and founded in 1978, the bank operates through several segments: Wealth and Personal Banking, Corporate and Institutional Banking, Treasury, Capital Markets, and Others. Its retail offering includes current and savings accounts, green deposit accounts, personal and home financing, and a variety of credit, debit, prepaid, and business cards, supported by digital channels such as online, mobile, and phone banking. For corporate and institutional clients, Saudi Awwal Bank delivers cash and liquidity management, trade and receivables finance, guarantees, and structured trade solutions. The Treasury and Capital Markets segments provide foreign exchange, derivatives, deposits and loans, bonds and fixed income products, structured products, and Sharia-compliant solutions, along with economic research and market analysis. Through its investment arms, the bank engages in brokerage, asset management, securities advisory, and custody services. Saudi Awwal Bank plays a significant role in facilitating corporate finance, trade flows, and wealth management within the Saudi financial system.