Alawwal Bank

Alawwal Bank

Alawwal Bank (formerly Saudi Hollandi Bank) provides a wide range of personal and business banking services including current and saving accounts, overdraft accounts, personal loans, credit cards, treasury and trade services, corporate finance, structured finance, internet banking, brokerage, asset management, investment banking services, insurance as well as an extensive range of Shari’ah-compliant products. Alawwal Bank was established in 1926. It was the only bank in the Kingdom at the time and acted as the central bank, keeping the Kingdom's gold reserves and receiving oil revenues. Today the company employs over 2,600 staff and operates through a network of more than 65 branches, 20 ladies sections and over 500 ATMs. As at December 31, 2016, the Bank had total assets of SAR 105.070 billion, customer deposits of SAR 85.4 billion, loans of SAR 72.7 billion and shareholders' equity of SAR 12.8 billion.

In 2016, Saudi Hollandi Bank changed name to Alawwal Bank. Alawwal, meaning "The First" in Arabic, references the company's status as the first bank to operate in the in the Kingdom in 1926.

Awards
Best Banking Product Home Finance in Saudi Arabia, Global Banking & Finance Review, 2015
Best Internet Bank Saudi Arabia, Global Banking & Finance Review, 2015
Best SME Bank, Saudi Arabia, Global Banking & Finance Review, 2015
Best Islamic Bank, Saudi Arabia, World Finance magazine, 2015
Best Sustainable Bank in Saudi Arabia, World Finance magazine, 2014
Best Banking Group in Saudi Arabia, World Finance magazine, 2014
Best SME Bank in Saudi Arabia, Capital Finance International (CFI), 2014
Best Personal Finance Program in Saudi Arabia, World Finance magazine, 2014

Banker Middle East Magazine Awards, 2015
Best SME bank in GCC
Best transaction bank in GCC
Best Web/mobile Site in KSA
Best Home Finance Product in KSA
Best Personal Loan in KSA
Best Trade Finance Offering in KSA
Best SME Banking Customer Service in KSA
Best SME Business Credit Card in KSA
Best SME Account Product in KSA

 Credit Ratings

  Long-term Short-Term
Moody's A1 P-1
Fitch A- F2

Head Office address:
Al-Dhabab Street
Riyadh 11431
Phone number: (01) 401-0288
Fax: (01) 403-1104
Website: www.alawwalbank.com