What Does SABB (The Saudi Awwal Bank) Do?

Total employees5173
HeadquartersRiyadh
Founded1978

HSBC Saudi Arabia formally merged with The Saudi British Bank (SABB) in June 2019, with SABB being the remaining legal entity. In early 2023, SABB rebranded to The Saudi Awwal Bank (SABB), which translates to 'Saudi First Bank'. SABB is a leading financial institution in the Kingdom of Saudi Arabia, offering a wide range of services including personal banking, corporate banking, private banking, treasury, and investment services. It combines deep local market knowledge with the international expertise derived from its historical association and continued partnership with the HSBC Group, which remains a major shareholder. SABB is a key player in supporting Saudi Arabia's Vision 2030 economic diversification plans.

Where Is SABB (The Saudi Awwal Bank)'s Headquarters?

HQ Function

The headquarters serves as the central command for all strategic decision-making, corporate governance, administrative operations, and management of SABB's nationwide banking activities.

Notable Features:

A modern, prominent office building reflecting the bank's status, equipped with advanced technology to support its operations and client services. It's designed to accommodate a large workforce and host significant corporate events.

Work Culture:

SABB fosters a professional, dynamic, and collaborative work environment. It emphasizes customer-centricity, ethical conduct, innovation, and employee development, blending international best practices with local Saudi cultural values.

HQ Significance:

The headquarters signifies SABB's strong presence and commitment to the Saudi Arabian financial market. It acts as a key node in the Kingdom's financial infrastructure and a symbol of the bank's stability and growth.

Values Reflected in HQ: The headquarters' design and operations likely reflect SABB's core values such as integrity, customer focus, collaboration, ambition, and a commitment to contributing to Saudi Arabia's economic development.

Location:

While SABB's primary operations are concentrated within Saudi Arabia, it maintains a significant global reach through its strategic partnership with HSBC Group. This allows SABB to offer its customers access to international banking services, trade finance solutions across borders, and global investment opportunities. SABB supports multinational corporations operating in Saudi Arabia and Saudi-based clients with their international financial needs.

Street Address:

SABB Head Office Building, Prince Abdulaziz Bin Mosaed Bin Jalawi Street (Al Dhabab St.)

City:

Riyadh

State/Province:

Riyadh Province

Country:

Saudi Arabia

Where Else Does SABB (The Saudi Awwal Bank) Operate Around the World?

Jeddah, Makkah Province, Saudi Arabia

Address: SABB Regional Office, King Abdulaziz Road, Al-Hamra'a District, Jeddah (plus numerous branches)

To provide comprehensive banking solutions, facilitate trade finance, and support economic activity in Jeddah and the broader Western Region, a vital commercial and pilgrimage gateway.

Al Khobar/Dammam, Eastern Province, Saudi Arabia

Address: SABB Regional Office, King Fahd Road, Al Khobar (plus numerous branches in Dammam & Al Khobar)

To support the financial needs of the energy sector, associated industries, and the growing population in the Eastern Province, facilitating major projects and corporate banking.

Makkah, Makkah Province, Saudi Arabia

Address: Multiple branch locations across Makkah.

To offer accessible financial services, including currency exchange and personal banking, supporting the unique economic and social fabric of Makkah.

Buying Intent Signals for SABB (The Saudi Awwal Bank)

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Who's Leading SABB (The Saudi Awwal Bank)? Meet the Executive Team

As of April 2025, SABB (The Saudi Awwal Bank)' leadership includes:

Lubna S. Olayan - Chair of the Board of Directors
Tony Cripps - Managing Director and Chief Executive Officer
Faris Alshareef - Deputy Managing Director, Corporate and Institutional Banking
Bandar Al-Gheshayan - Chief Operating Officer
Musaifer AlOsaimi - Chief Information Officer
Yasser Al-Barrak - Chief Corporate and Institutional Banking Officer
Mohammed Al-Marzouq - Chief Financial Officer

Who's Investing in SABB (The Saudi Awwal Bank)?

SABB (The Saudi Awwal Bank) has been backed by several prominent investors over the years, including:

HSBC Holdings B.V. (a subsidiary of HSBC Holdings plc)
Olayan Saudi Investment Company (OSICO)
General Organization for Social Insurance (GOSI)
Public (Listed on the Saudi Stock Exchange - Tadawul)

What Leadership Changes Has SABB (The Saudi Awwal Bank) Seen Recently?

Hire0
Exits0

SABB maintains a stable senior leadership team. Any significant changes to the executive team (C-suite direct reports to the CEO or Board-level appointments) are typically announced through official channels such as Tadawul (Saudi Stock Exchange) filings or major press releases. Over the past 12 months, there have been no widely publicized major C-suite reshuffles, indicating leadership continuity. Routine promotions or internal role changes below the top executive tier might occur as part of regular business operations.

What Technology (Tech Stack) Is Used bySABB (The Saudi Awwal Bank)?

Discover the tools SABB (The Saudi Awwal Bank) uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

SABB (The Saudi Awwal Bank) Email Formats and Examples

SABB, like most large financial institutions, employs standardized email formats for professional communication. While specific internal policies are not publicly detailed, common corporate email patterns are typically used. For contacting SABB employees, the most likely formats would involve combinations of first name, last name, or initials.

[firstname][lastname]@sabb.com (e.g., johnsmith@sabb.com) or [firstinitial][lastname]@sabb.com (e.g., jsmith@sabb.com)

Format

example@sabb.com

Example

70%

Success rate

What's the Latest News About SABB (The Saudi Awwal Bank)?

ZawyaFebruary 21, 2024

SABB (The Saudi Awwal Bank) FY23 net profit jumps 46% to $1.81bln

Saudi Awwal Bank (SABB) reported a 46% year-on-year surge in net profit to 6.8 billion Saudi riyals ($1.81 billion) for the full year 2023. The increase was driven by higher total operating income due to rises in net special commission income, fees from banking services, and exchange income....more

SABB Website (Press Release)January 23, 2024

SABB (The Saudi Awwal Bank) launches the first digital bank account opening service for companies and establishments in the Kingdom

SABB announced the launch of its pioneering digital service for opening current accounts for companies and establishments in Saudi Arabia. This innovative service allows businesses to complete all account opening procedures digitally, without needing to visit a branch, aligning with the Kingdom's digital transformation goals....more

ArgaamOctober 26, 2023

SABB posts SAR 5.08 bln net profit for 9M 2023

The Saudi Awwal Bank (SABB) reported a net profit of SAR 5.08 billion for the first nine months of 2023, marking a 38% increase compared to the same period in the previous year. The third-quarter net profit stood at SAR 1.81 billion, up by 49% year-on-year....more

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