SAB Recognised for Excellence in Banking and ESG

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by KnowESG
KnowESG_SAB Recognised for Excellence in Banking and ESG
Photo by Tima Miroshnichenko

SAB, a leading Saudi Arabian bank, has been named "Best Bank for ESG" by Euromoney for the second year in a row.

This award recognises SAB's strong approach to environmental, social, and governance (ESG) practices and reporting.

This reflects SAB's efforts to follow industry best practices while also shaping discussions about corporate sustainability in Saudi Arabia.

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

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

SAB's dedication to improvement has also been recognised by Global Finance, which named them "Best Bank in Saudi Arabia" and "Best Trade Finance Provider in Saudi Arabia."

Euromoney magazine also awarded SAB "Best Bank for Private Banking in the Kingdom." These awards highlight the exceptional services SAB offers. They show the bank's strength in providing efficient and innovative solutions for Saudi Arabia's growing business environment.

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Source: SAB

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