Finance & Capital Market

Bank ABC named 'Transaction Bank of the Year' at UK event

MANAMA
Bank ABC named 'Transaction Bank of the Year' at UK event

Bank ABC, a leading player in the region’s banking industry, said it has once again been named 'Transaction Bank of the Year – Middle East in 2025' by The Banker (Financial Times), marking the third time the Bank secures this prestigious accolade.

The win reinforces Bank ABC’s leadership in delivering digitally-empowered solutions, centered around client needs, across its international footprint, said the bank in a statement.

The award was announced at The Banker’s Bank of the Year 2025 ceremony held in London recently, in the presence of senior Bank ABC executives and representatives from leading financial institutions worldwide.

This recognition reflects Bank ABC’s strong progress under its 2023–2026 strategic transformation, built around accelerating core business growth, maximising digital value, and strengthening the Group’s operating model. 

In recent years, the Bank has streamlined digital delivery, automated workflows, and advanced its cloud-native infrastructure to better serve clients across over twenty-five markets, from a network spanning fifteen countries, said the statement.

Central to this success is the continued advancement of Bank ABC’s Global Transaction Banking (GTB) business. 

The Bank has significantly enhanced client journeys through digitised processes and innovative solutions in Documentary Trade Finance, Cash Management, and Supply Chain Finance. 

Over the past three years, Bank ABC achieved compounded double-digit growth across all its Transaction Banking products, with strong momentum in Supply Chain Finance and Documentary Trade Finance, alongside increased adoption of its digital Cash Management services.

On the remarkable achievement, Group CEO Sael Al Waary said: "It is our great honour to win the ‘Transaction Bank of the Year – Middle East’ award for the third time, and I thank The Banker- Financial times for this prestigious recognition. As MENA’s international bank of the future, we remain steadfast in our commitment to delivering innovative solutions that unlock new value for our stakeholders."

"This award underscores the transformational impact of our digitised GTB business, driving growth for our clients and the global finance industry forward," he stated.

On his part, Amr ElNokaly, Group Chief Wholesale Banking Officer at Bank ABC said: "Winning this award for the third time is indeed a proud moment for Bank ABC and a clear testament to the success of our strategy. Our GTB business is a cornerstone of our Wholesale Bank’s growth, and a critical enabler of our clients’ success."

"We remain committed to elevating client experience and setting new benchmarks for excellence across our markets. We share this honor with our clients, partners, employees, and thank our leadership for their vision and The Banker for recognizing our achievements," he stated.

In its comments, The Banker said: "Bank ABC is in the middle of a multi-year strategic transformation plan, and transaction banking has emerged as one of the bank’s key growth drivers as it moves forward with expansion plans and long-term client engagement."

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