SABB: Leading Bank in financing sustainable projects in the Middle East

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Saudi Arabia

SABB: Leading Bank in financing sustainable projects in the Middle East

RIYADH - The Saudi British Bank (SABB) has been named “The Leading Bank in Financing Sustainable Projects in the Middle East” for the year 2021 by Global Finance as part of its annual Excellence Awards, which honor the best financial institutions worldwide. SABB was chosen for this award based on a set of international standards of excellence in several areas, including sustainable finance, community support, emerging market development, and infrastructure. The award acknowledges the Bank's efforts and contributions to sustainability of environmental, social and institutional governance in the Kingdom and the region as a whole. The newly introduced awards program recognizes global and regional leadership in Sustainable Finance, funding for initiatives designed to mitigate the negative impacts of climate change and help build a more sustainable future for humanity. Majed Najm, Deputy Managing Director of Corporate and Institutional Banking at SABB commented on winning the award: “We are delighted to win this prestigious award, which is a true testament to the pivotal role that the principles of social and environmental sustainability play in the strategy of the bank”. “We look forward to contributing more effectively to achieving sustainable development goals and building a promising future in line with the Kingdom’s