Sabb named ‘Best Commercial Bank’
Riyadh, March 20, 2012
The Saudi British Bank (Sabb) has been named ‘Best Commercial Bank Saudi Arabia 2012’ by Global and Banking Finance Review, one of the most reputable online portals for news on global banking and finance industry.
The bank was chosen after a series of assessments by a panel of financial industry analysts. The process involved detailed research on quality assurance, performance and the professional capability of the bank, a statement from Sabb said.
Criteria used by the judging panel includes trade volume, commercial financial products and compliance to a full range of services in conventional and Islamic areas of commerce and business, innovation, customer services, customer experience and service accessibility.
The business direct facility allows commercial customers to have telephone access to banking services seven days a week.
David Dew, managing director of Sabb, said: “Our innovative solutions are designed to fit the diverse needs of our customers. In Sabb, we combine the best elements of conventional banking services, Sharia-compliant products and banking state-of-the-art technology to customise our solutions, and offer our partners highly reliable and cost-effective products and services.”
In 2011, the bank won a number of major awards from world renowned magazines and international organisations including Best Trade Finance Provider, Best Sub-Custodian Bank, Best Islamic Project Finance Provider, Best Corporate and Institutional Internet Bank, Best Cash Management Bank in the Middle East, Bank of the Year and Best Trade Finance Provider. – TradeArabia News Service