The Saudi Investment Bank (SIB) released on 29 March 2018 its first integrated annual report and the first Integrated Report issued by a bank globally in Arabic. Structured and written to provide readers a comprehensive yet succinct account of the Bank’s record of value creation, the release of this report marks a significant milestone for the Bank as well as for the financial services sector in the Middle East. Being a recipient of the King Khalid Awards for Responsible Competitiveness (RC) in the Kingdom of Saudi Arabia year-over-year progressing from 3rd place in 2014 to 2nd place in 2015 to 1st place in 2016, SIB was admitted as an Ambassador for the RC Award last year. These positions recognise the consistent demonstration of responsible sustainability practices. "Sustainability is but one half of our value creation story. It is the story of how SIB delivers value to each of its stakeholders. By adopting integrated reporting, we are now able to complete the other half of the story. That is the story of how each of the stakeholders in turn become valuable to the Bank in driving its future earnings.” said SIB’s AGM Corporate Communication Group - Ishraq Al Thebiani. International investors are now increasingly considering the overall impact that a business is having on all its stakeholders. Vision 2030 that is driving Saudi Arabia’s economic, social and environmental development towards making the Kingdom a global hub encourages businesses to become world-class players in their respective sectors. Richard Howitt, CEO of the International Integrated Reporting Council (IIRC) - the global coalition that is promoting integrated thinking and reporting, sent his congratulations to the Bank saying, “On behalf of the IIRC, I would like to take this opportunity to congratulate SIB for its leadership in taking the first steps towards integrated thinking and reporting. As practice develops, we are confident that integrated reporting can play an important role in the Region's efforts to be a solid long-term investment proposition and I hope other businesses will be inspired by SIB's innovative approach." From service delivery standards to external reporting, quality and efficiency is an overarching theme that is woven into the very fabric of the Bank. It became the first bank in Saudi Arabia to win the King Abdulaziz Quality Award (KAQA). Holding true to this legacy, SIB’s Integrated Annual Report was concurrently released in PDF as well as on-line HTML formats on the same day. The HTML format of the annual report enables users to better navigate through the content, annotate and share with greater ease. Latest Articles Stay connected to your banking, through our customer care team, digital channels, and branches everywhere. 9 Jun 2024 The Saudi Investment Bank and Saudia’s AlFursan Loyalty Program Unveil Pioneering “Travel Account” In partnership with Saudia’s AlFursan loyalty program, The Saudi Investment Bank (SIB) has introduced the "Travel Account," a... 26 Oct 2023 The Saudi Investment Bank signs an official partnership agreement with Real Madrid CF The Saudi Investment Bank (SIB) announced today its new partnership agreement with Real Madrid CF. This collaboration aims to... 21 Apr 2021 The Saudi Investment Bank: First bank in the Kingdom to adopt Cisco Innovative Technologies Cisco’s innovative network infrastructure enables The Saudi Investment Bank to quickly adapt to changes in business needs while... 2 Feb 2020 Microsoft publishes a customer story on The Saudi Investment Bank’s applications of ‘Microsoft Power BI’ platform Microsoft just published on its official portal a customer story brief about The Saudi Investment Bank applications of Microsoft... 12 Nov 2019 SIB’s Integrated Report 2018 wins the most prestigious global award for annual reports The International ARC Awards have awarded The Saudi Investment Bank’s (SIB) Integrated Report 2018 the Grand Award for the Best of... 7 Jul 2019 The Saudi Investment Bank supports the GCC Board Directors Institute to raise the level of corporate governance and board effectiveness The Saudi Investment Bank has signed a one-year partnership agreement with the GCC Board Directors Institute to support the promotion...