The Saudi British Bank participated in the Global Trade Review Saudi Arabia 2021 Virtual Event on Oct. 5, to discuss the future of trade and the potential opportunities in the Kingdom in light of Vision 2030. The event was attended by a group of decision-makers, senior experts, professionals and leaders in the trade sector from various governmental and private institutions in the region.
SABB was one of the lead sponsors of the event, which is one of the most important and largest trade finance conferences in the world, with more than 800 key figures from global and regional markets attending each year. This, in turn, helps to provide and attract opportunities for hundreds of companies involved in global trade to present their financial plans, discuss the future of trade in the region, and benefit from the most recent experiences and modern technologies to create an ideal environment for doing business.
During the conference’s dialogue sessions, SABB presented its views on the future of trade in the Kingdom and the intended growth routes, highlighting the Kingdom’s digital transformation experience as a model for success and development in the region.
Majed Najm, deputy managing director, corporate and institutional banking at SABB, said: “Our participation in this significant conference is a testament of the Kingdom’s pivotal role, making positive changes to the future of trade, as well as major strategic transformation led by Vision 2030. In addition, how SABB is pioneering new technologies to support more efficiently the trade finance requirements of companies from multinationals through to SMEs, was also discussed.”
SABB is the leading bank in trade finance in Saudi Arabia by market share and according to several industry reviews, and was the first to launch several digital products and services aimed at promoting the role of trade finance, digitization and sustainability in an effort to stimulate the economy and business development.
SABB provides integrated financial and banking services, such as retail banking, corporate and investment banking, private banking and treasury services.