RIYADH, 22 July 2007 — SABB and its associate HSBC Group have won almost every regional consumer-banking prize awarded by the prestigious international publication, Global Finance, in its World’s Best Internet Banks 2007 awards. SABB won the “Best investment management services” and “Best online consumer credit site” categories, while HSBC picked up the “Best bill payment and presentment,” “Best integrated consumer bank site” and “Best online deposits acquisition awards.” HSBC additionally gained awards for “Best integrated corporate bank site” and “Best corporate/institutional Internet bank in the UAE.” Adel Al-Nasser, deputy managing director of SABB, said: “Coming from one of the world’s leading financial publications, these awards give remarkable recognition to SABB and HSBC and to the quality of our products. But, above all, they are a tribute to our IT and direct banking (SABB Direct) staff who have brought the delivery of our Internet banking (SABBNET) services to a level where they can compare with the best in the world.”

