SABB wins “Best Trade Finance Bank in Saudi Arabia” Award
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January 2016
The Saudi British bank (SABB) won “Best Trade Finance Bank for 2015 in the Kingdom of Saudi Arabia” award for the second year in a row by Asian banker magazine as part of the MENA Annual Awards Ceremony functions.
SABB was granted this award after having gone through a strict evaluation process and detailed analysis by a specialized committee of referees. This committee evaluates Cash Management and Trade and Payment Finance from among international and local institutions operating in Asia, Pacific Region and the Middle East.
SABB continues to provide a complete set of integrated services and products which are linked to trade sector in addition to its leading and up-to-date electronic channels in the market which effectively assist customers to achieve highest benefits from employment of working capital through specialized sales, management of products and trades and customer services.
Commenting on the event, Majed Abdulrahman Al-Gwaiz, General Manager, Commercial Banking at SABB said: “We are proud of this award, one of the most valuable and transparent awards, which aims to recognize international financial institutions in the Middle East, Asia and the Pacific. This award confirms our continuous leadership in providing innovative solutions which aim to satisfy the increasing requirements of our customers in all aspects and providing leading solutions in the market”.
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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.