المملكة: First Saudi Bank obtains a certificate "Certified Innovative Organization – CinOrg®" 7 star category
First Saudi Bank, one of the leading banks in the Kingdom of Saudi Arabia, has obtained the Leadership in Innovation accreditation with a 7-star rating, which is the highest level of accreditation for innovative organizations (CinOrg®) granted by the Global Innovation Institute (GInI), thus becoming the first bank in the region to obtain this classification.
This accreditation constitutes a qualitative leap in the bank’s innovation journey, after a comprehensive assessment of innovation maturity, conducted by the Global Innovation Institute in December 2025, in continuation of a previous assessment conducted in December 2023. This evaluation raised the bank’s rating in this area of "pioneer" to "leader"This reflects the institutional innovation model adopted by the bank, its impact on the entire institution level, and its ability to achieve tangible and sustainable results. And so, it became "the first" The first bank in the region to obtain the highest rating for innovation maturity, confirming its position as a regional model for leadership in innovation and future banking services.
The bank launched, in 2025, "First Center for Innovation"It won 6 international innovation awards, in addition to a laboratory accreditation certificate with international standards, which reinforces the bank’s strategic focus on building a sustainable culture of innovation and developing an advanced banking system in preparation for the future. The Innovation Center played a pivotal role in accelerating the adoption of advanced technologies, enabling cooperation between various departments, and consolidating the bank’s position as a leading regional model for financial innovation.
In this regard, Saeed Asiri, CEO of Innovation Banking at Alawwal, commented: "This accreditation reflects the outcome of years of systematic institutional work to establish a sustainable innovation system in "the first". We were keen to invest in the bank’s culture, strengthen governance frameworks, and develop national competencies, out of our belief that innovation enhances our readiness for the future. This achievement embodies our commitment to supporting the process of financial innovation in the Kingdom, and our keenness to achieve sustainable value for our customers"
This accreditation is a new step in the company’s ongoing innovation journey "the first"The bank continues to develop capabilities that support the development of the banking sector in the Kingdom of Saudi Arabia.
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