SABB launches new guide
Riyadh, November 24, 2010
The Saudi British Bank (SABB) has launched its 2010 edition of the Guide to Cash, Supply Chain and Treasury Management in the Middle East.
This is the second year the guide has been jointly sponsored by SABB and HSBC.
The guide was presented to a gathering of corporate customers of SABB, businessmen and executives, financial and economic experts from the public and private sectors at a recent event.
The increasing need for expert trade and cash management solutions by the private sector across the Middle East during the current world economic turmoil is the core theme running through the new edition, a statement said.
The 228-page book addresses essentials of business in Saudi Arabia and the region, comprises detailed chapters on risks and liquidity management in the Middle East, electronic banking, automated clearing house, payment systems in Saudi Arabia, e-connectivity, international trade risk and credit insurance, Islamic finance, and banks' role in helping Saudi companies do international business, it said.
It also comprises detailed essays and case studies by a wide range of international authorities, SABB and HSBC specialists, as well as prominent Saudi companies, covering the full spectrum of cash management, trade, supply chain and treasury issues that corporations operating within and outside Saudi Arabia need to consider.
Adel Al-Nasser, deputy managing director of SABB, said: “We have tried to anticipate the issues and opportunities that may arise, and the guide is an effort from our side in helping customers and the industry in this respect.”-TradeArabia News Service