Euromoney Poll 2010 SABB Best Cash Management Bank in Saudi Arabia
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October 2010
SABB announced today that it has been voted ‘Best Domestic Cash Management Bank’ in Saudi Arabia in the prestigious Euromoney customer poll. The award was based on feedback from cash managers, treasurers and financial officers worldwide, who were asked which banks they currently use most for their cash management services globally, regionally and domestically, and were also asked to rate the services provided by their lead cash management bank across various categories on a sliding scale. This is the 3rd consecutive year that SABB has been selected as the best cash management bank in Saudi Arabia.
David Dew, Managing Director, SABB, commented: “This award clearly demonstrates that our approach to cash management is being well received in the Kingdom. We are committed to delivering top quality service, and are focused on creating tailor made solutions based on our customers’ needs. This technical strength, combined with our extensive foot print in the Kingdom and our global reach has positioned SABB as one of the strongest cash management banks in Saudi Arabia.”
SABB delivers a wide range of market leading liquidity and cash management solutions for local businesses to enhance working capital and meet the evolving needs of its customers in the Kingdom of Saudi Arabia, for corporate and financial institutions in the Kingdom.
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Saudi Awwal Bank, a listed joint stock company, incorporated in the Kingdom of Saudi Arabia, with paid in capital of SAR 20,547,945,220, commercial registration certificate 1010025779, unified number 7000018668, Mailing Address: P.O. Box 9084, Riyadh 11413. National Address: 7383 King Fahad Branch Rd, 2338 Al Yasmeen Dist., 13325 Riyadh, Kingdom of Saudi Arabia, Tel. +966 11 4050677, www.sab.com, licensed pursuant to the Council of Ministers Resolution No. 198 dated 06/02/1398H and Royal Decree No. M/4 dated 12/08/1398H, and regulated and supervised by the Saudi Central Bank.