Best Trade Finance Bank in Saudi Arabia 2010: Global Finance magazine

SABB has been named “Best Trade Finance Bank in Saudi Arabia 2010”, one of the banking industry’s most prestigious awards in the world, by Global Finance magazine, the highly reputable international publication.

This is the 2nd consecutive year that SABB has been recognised as a market leader for providing innovative solutions to its valued clients.

SABB wins internet banking awards 2010: Global Finance magazine

SABB has received two prestigious awards in electronic banking from Global Finance magazine.  In its "World's Best Internet Banks 2010" awards, the highly regarded magazine selected SABB as the winner of its “Best Online Consumer Credit Site” award for the fifth consecutive year. SABB was also awarded the “Best Bill Payment & Presentment in the Middle East & North Africa”.

Top Award From World Bank's IFC

SABB has become the first bank in Saudi Arabia to win one of the most prestigious awards from the World BankGroup’s International Finance Corporation (IFC) in recognition of its commitment to IFC’s programme to support trade flows between developing countries.

Top Trade Finance Bank in Saudi Arabia: Global Trade Review

The award was based on a poll of readers of the Global Trade Review magazine.  It was the first time that GTR, the world’s leading trade finance journal, had extended its awards scheme to the Middle East.

It was, however, the second trade finance award for SABB this year.  A month ago, the Bank was judged the Best Trade Finance Provider in Saudi Arabia for the second year in a row by the highly influential publication, Global Finance.

Best Phone Banking Service Award in the Middle East: Banker Middle East magazine

SABB has been awarded the ‘Best Phone Banking Service’ award for Year 2010 in the Middle East.  Competing with 6 leading banks in the region, the Bank has won this prestigious title for its call centre from the reputable Banker Middle East magazine.

Top Trade Finance Award: Global Finance magazine

Best Cash Management Bank in Saudi Arabia: Euromoney Poll 2010 SABB

Euromoney customer poll voted SABB as ‘Best Domestic Cash Management Bank’ in Saudi Arabia. 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 3^rd consecutive year that SABB has been selected as the best cash management bank in Saudi Arabia.

SABB has been named as Saudi Arabia’s No. 1 cash management bank in a poll of thousands of cash managers, treasurers and financial officers worldwide carried out by Euromoney Magazine.

Now in its 8^th year, the Euromoney Cash Management Poll attracted a total of 6,328 valid replies to questions relating to international cash management services,  4,877 voters were from corporations and 1451 from financial institutions. 

SABB has won two awards in the World's Best Internet banks competition in the regional sub-category consumer banking prizes awarded by the prestigious international publication, Global Finance, in its World's Best Internet Banks in theMiddle East and Africa 2008 awards.  The two internet banking awards won by SABB were:

Best Investment Management Services

and

Best Online Consumer Credit Site for the year 2008.

SABB won the Prince Naif Saudization award at the 6^th award distribution event organized by the Ministry of Labor at King Fahd Cultural Centre inRiyadh.

The award was handed over by HRH Prince Naif Bin Abdulaziz Al-Saud, Minister of Interior and sponsor of the event.

SABB named Best Private Bank in Saudi Arabia in the Euromoney Private Banking and Wealth Management Survey 2008 which is regarded as the benchmark for the wealth management sector.