Responsible Competitiveness
Second Place: Saudi Investment Bank
The Saudi Investment Bank was established as a Saudi joint stock company in June 1976G. With 48 branches and 12 Ladies branches across the Kingdom, Saudi Investment Bank has been one of the most successful banking institutions in Saudi Arabia for more than 35 years.
Winning Justifications:
- The bank is characterized by institutional sustainability as it is a financial institution that plays an important role in various aspects of people's lives in the Kingdom. Since financing and trade are processes that link the base of resources with production and consumption, the bank believes that the financial sector has an opportunity to rebalance between the three elements. The ultimate goal of the bank’s own sustainability efforts is to promote the growth of the national economy, while stimulating citizens to grow on the long term.