STC Bank has been awarded the title of the “Best Digital Bank in Saudi Arabia” at the second edition of the Best in Business Awards, organized by Inc. Arabia Magazine in Riyadh.
STC Bank started off as a wallet in 2018 and serviced 14 million users before it launched as a full-fledged bank earlier this year. It saw 2 million users shift from its earlier wallet version to its banking version in just 3 months, witnessing unmatched customer loyalty.
STC Bank’s broader mission since its incorporation has been to build a banking experience that is not only digital and efficient, but also rooted in the behaviors, needs and expectations of Saudi society, and it is through such innovations that STC Bank continues to shape the future of financial interaction in the Kingdom for a large number of the Kingdom’s tech-savvy and young population.
Today, users across Saudi Arabia are used to the ease that STC Bank has brought about with it and the solutions innovated by STC Bank continue to see its popularity rise among corporate and retail banking customers across various segments of Saudi society.
The complete suite of banking services offered by STC Bank, such as a bank account with dedicated IBAN number, money transfer via mobile number, highly competitive international transfer rates, innovative seasonal features such as Eidiyah, and Qattah for splitting group expenses, are readily available to any individual while opening an account takes under 2 minutes.
The Best in Business awards saw its inaugural edition last year in Dubai before it moved to Riyadh this year. Organized by Inc. Arabia Magazine, a platform that is highly regarded by more than 150M+ of its readers who are founders and entrepreneurs across the GCC, the Best in Business Awards highlight and recognize the most successful companies in each and every field.
For more information or to experience the full benefits of STC Bank firsthand, download the STC Bank app via the Apple App Store or Google Play Store, or visit www.stcbank.com.sa.
