Saudi Awwal Bank Delivers 15% Growth in Net Profit, Hitting a New Record of SAR 8.1 Billion for 2024


Ms. Lubna S. Olayan, Chair of the Board of Directors of Saudi Awwal Bank (SAB), announced today the Bank’s financial results for the fiscal year 2024. For the year ending December 31, 2024, SAB recorded a net profit after zakat and income tax of SAR 8,070 million, representing a 15% increase from the previous year. Total operating income also rose by 10%, reaching SAR 14,018 million.

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