Best private bank: Saudi Awwal Bank
Saudi Awwal Bank (SAB) performed well above its peers during the review period, deepening many of its client relationships and growing on the back of a clear progression model from premier to private banking.
Deposits rose 14% in the first nine months of 2025, with inflows split between existing and new-to-bank clients. Almost 80% of private bank clients invest via Alawwal Invest, evidencing strong adoption of the core investment platform and rising wallet share among expats and second-generation decision-makers.
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