Using versatile electronic technologies, the Saudi British Bank (SABB) has launched an innovative new service to help customers select the right property and determine the approximate amount of mortgage financing they are eligible for using a mortgage calculator. SABB is thus the first bank to offer this service in the Kingdom.

SABB had previously entered into a partnership agreement with “Aqar,” one of the leading apps specializing in the Saudi real estate market. This partnership enables SABB customers to learn about a property’s competitive advantages. The app offers a mortgage calculator service.

On this occasion, Naif Al-Abdulkarim, General Manager of Retail Banking and Wealth Management at SABB, stated: “Through this service, SABB aims to continue enhancing the bank’s customer experience by providing innovative solutions for various banking operations and services, and by leveraging the latest technologies to streamline procedures and processes for customers in accordance with the highest standards of quality, accuracy, and reliability. This service will make it easier for customers to select the right property in a user-friendly manner, while also helping them determine the approximate amount of mortgage financing they are eligible for.”.

He added: “As SABB is one of the leading banks in the field of mortgage financing, this drives us to invest in developing a base and system of alternative channels to provide the best services to our customers and strengthen our leading position in the market, especially since homeownership is one of the most important decisions for a large segment of society.”