SAB was established as the Saudi British Bank in 1978. In 2019, it merged with Alawwal Bank and changed its name to Saudi Awwal Bank in April 2023. It has a network of 103 branches in Saudi Arabia.
The Saudi Central Bank (SAMA) licensed “Hiberbay Ink Al-Saoudia for IT Systems" to provide E-wallet solutions.
(Bloomberg) -- State-backed Saudi Global Ports Co. has picked banks including Goldman Sachs Group Inc. and HSBC Holdings Plc to help arrange a planned Riyadh initial public offering, according to ...