Lubna S. Olayan, Chair of the Board of Administrators of Saudi Awwal Financial institution (SAB), introduced in the present day its monetary outcomes for the six-month interval ending 30 June 2025, reflecting regular development throughout key indicators and continued momentum in SAB’s strategic transformation.
For the primary six months of 2025, SAB generated a internet revenue after Zakat and revenue tax of SR4.262 billion, reflecting a 5% year-on-year enhance. Complete working revenue rose to SR7,341 million, supported by increased mortgage volumes and a powerful deposit base.
Internet loans and advances reached SR283 billion, and buyer deposits elevated to SR297 billion. Return on tangible fairness stood at 15.5%, aligned with the Financial institution’s medium-term efficiency targets.
Lubna Olayan, Chair of SAB, stated: “Our H1 efficiency demonstrates constant supply in opposition to our long-term technique. In a altering macroeconomic surroundings, we remained centered on what issues most: serving clients, enhancing effectivity, and constructing resilience. The momentum throughout our lending and funding platforms displays the depth of our capabilities and the energy of execution throughout the Financial institution.”
She added: “From operational self-discipline to digital innovation, we’re investing in future-ready banking. Our efficiency isn’t just a mirrored image of market circumstances, however moderately a results of deliberate selections that assist long-term worth creation for our stakeholders.”
Within the first half of 2025, SAB made vital strides in advancing its strategic targets. The Financial institution achieved a 9% enhance in complete loans, reflecting sturdy development throughout our well-respected massive and institutional company segments, in addition to retail, housing, and SME segments.
The mortgage development supported SAB’s continued management within the nationwide homeownership initiative, sustaining its #3 rating in REDF originations beneath Imaginative and prescient 2030. Our sturdy relationship with HSBC additionally allows us to seize vital share of the movement of multinationals coming into the Kingdom, which leads to each lending and elevated off stability sheet commitments.
Operational efficiencies contributed to an improved cost-to-income ratio, pushed by disciplined administration and digital course of enhancements. Moreover, SAB strengthened its deposit base and liquidity buffers, guaranteeing we stay a well-funded Financial institution to assist future development aspirations. The Financial institution additionally maintained sturdy asset high quality and continued to generate stable returns, demonstrating its stability and ongoing progress towards strategic targets.
The Financial institution earned a number of notable trade recognitions in the identical interval, together with the Greatest Financial institution in Saudi Arabia for 2025 by Euromoney. It additionally acquired awards for Greatest Innovation in Monetary Efficiency and Greatest Financial institution for ESG, amongst others.
As a part of its transformation journey, SAB launched a World-Class Monetary Providers Innovation Centre in 2025. The centre is designed to speed up innovation in digital banking, buyer expertise, and promote sustainable finance, additional anchoring SAB’s management in shaping the way forward for monetary providers within the Kingdom.
Olayan concluded: “SAB’s technique is constructed on innovation, belief, and long-term influence. Our sturdy efficiency, mixed with the depth of our partnerships and the boldness of our clients, positions us effectively for the long run. I thank our staff, our Board, our regulators, and our purchasers for his or her continued assist as we drive progress on all fronts.”
