JEDDAH: Samba Dubai has won emeafinance’s “Best New Bank in the UAE Award” for its major achievements since launching its business in the United Arab Emirates, irrespective of the global financial turmoil. Sheikh Maktoom Bin Mohammad Al-Maktoom, deputy governor of Dubai, opened the bank in November 2008.
Eissa Al-Eissa, managing director and CEO of Samba Financial Group, said: “This award complements Samba’s rally in harvesting awards and high ratings that have been given to the Group in 2009, spanning all banking and investment areas, and including 16 different awards. It also embodies the appreciation from high profile international financial, banking and research institutions, reflecting Samba’s dynamic performance and the success of its expansion strategy.” The award panel included economic editors, financial analysts and consultants. Emeafinance is an international magazine specializing in monitoring and analyzing banking and financial businesses in Europe, the Middle East and North Africa.