The Saudi British Bank (SABB) won the Best Trade Finance Bank for 2015 in the Kingdom of Saudi Arabia award for the second year in a row from Asian Banker magazine. The presentation was part of the MENA Annual Awards ceremony.

SABB was stated to have been granted this award after having gone through a strict evaluation process and detailed analysis by a specialized committee of referees. This committee evaluates cash management, and trade and finance from among international and local institutions operating in the Asia and the Pacific region and the Middle East.

SABB stated that it continues to provide a complete set of integrated services and products, which are linked to trade in addition to its leading and up-to-date electronic channels in the market. These effectively assist customers to achieve highest benefits from employment of working capital through specialized sales and management of products, trade and customer services.

Majed Abdulrahman Al-Gwaiz, GM, commercial banking at SABB, said: “We are proud of this award. This is one of the most valuable and transparent awards, which aims to recognize international financial institutions in the Middle East, Asia and the Pacific region. This award confirms our continuous leadership in providing innovative solutions, which aim to satisfy the increasing requirements of our customers in all aspects and providing leading solutions in the market.”