Summary of 2025 results:
•Net profit after zakat and income tax: 8.452 billion riyals, up 5% from 8.07 billion riyals year-on-year
•Total operating profit: SR 14,724 million, 5% increase from SR 14,018 million year-on-year
•Net loans and advances: SR299 billion, 15% increase from SR259 billion year-on-year
•Customer deposits: 323 billion riyals, up 21% from 267 billion riyals year-on-year
•Total capital: 79 billion riyals, 14% increase from 69 billion riyals year-on-year
Ms. Lubna S. Olayan, Chairman of the Board of Directors of Saudi Awal Bank (SAB), on Thursday announced the bank’s financial results for the year ended December 31, 2025, marking a year of strong financial performance as SAB prepares to celebrate its 100th anniversary in 2026.
For the year ended December 31, 2025, SAB demonstrated strong financial performance, recording a net profit before Zakat and income tax of SR8,452 million, an increase of 5% compared to 2024. Total operating profit increased by 5% year-on-year to SAR 14,724 million, reflecting sustained business momentum and disciplined execution of the bank’s strategy.
Net loans and advances amounted to SR299 billion, an increase of 15% year-on-year, and customer deposits increased by 21% year-on-year to SR323 billion, underscoring the strength of SAB’s franchise and financing position. Total capital increased to SR79 billion, underscoring the Bank’s strong capital position, prudent balance sheet management and sustained profitability.
SAB Chairman, Ms. Olayan, said: “2025 was a year of strong financial performance and disciplined execution. Our consistent performance reflects the strength of our business model, our focus on operational efficiency and our commitment to creating long-term value for all stakeholders. Despite lower benchmark interest rates, our revenues continue to grow, demonstrating the effectiveness of our strategy.”
During the year, SAB continued to outperform the market with loan volumes increasing by 15%. Maintained balanced growth across retail and wholesale banking, supporting priority sectors in line with Saudi Vision 2030 transformation. Our focus on operational efficiency and disciplined cost management, combined with excellent asset quality, contributed to a return on tangible equity of 14.5%.
Sustainability remained a core priority of the strategy. SAB exceeded its sustainable finance targets and expanded its sustainable finance portfolio to R45 billion. SAB also strengthened its capital base by issuing two green-labeled bonds totaling $1.9 billion and launched Saudi Arabia’s first green mortgage. The Bank’s progress was reflected in improved ESG ratings, including an upgrade to ‘A’ by MSCI.
Ms. Olayan added: “As we prepare to enter SAB’s second century, we are well placed to support Saudi Arabia’s Vision 2030 ambitions and build on our unique legacy as Saudi Arabia’s first bank. Our diversified business model, strong capital position and disciplined business execution support our ability to respond to evolving market conditions and continue to deliver sustainable growth.”
In 2025, SAB’s performance and leadership was recognized through multiple regional and international awards, including Best Bank in Saudi Arabia, Best ESG Bank in Saudi Arabia, Best Digital Bank, Best Corporate Bank and Best Private Bank, reflecting the Bank’s continued focus on financial performance, sustainability, innovation, digital capabilities, customer satisfaction and corporate governance.
Mr. Olayan concluded: “On behalf of the Board, I would like to thank our customers for their continued trust, the commitment and dedication of our employees and management, and the continued support of our regulators and strategic partner HSBC, which enables SAB to continue achieving this strong and sustainable performance.”
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Saudi Awal Bank (SAB) is one of the largest banks in Saudi Arabia with a history of over 90 years. For the past 90 years, we have actively supported Saudi economic growth and social development.
SAB is the Kingdom’s international corporate and institutional bank with a focus on wealth and personal banking. SAB is also a leader in trade finance, foreign exchange, debt wholesale banking, digital services innovation and ESG in Saudi Arabia and the wider region.
SAB provides integrated financial and banking services including corporate banking, investments, private banking and treasury. After legally merging with Alawal Bank, formerly known as Saudi British Bank (SABB), in 2019, the bank’s paid-up capital stood at SR20.5 billion. SAB operates under the supervision and regulation of the Saudi Central Bank and is a partner of the HSBC Group.
