The Saudi British Bank (SABB) has once again been named by Global Finance magazine as the “Best Trade Finance Bank” in Saudi Arabia for 2013.
This is the fifth consecutive year that SABB has picked up this coveted award, widely acknowledging SABB as the preeminent trade finance bank in the Kingdom.
While the award is for 2013, it is based on performance during 2012.
The recognition from Global Finance magazine comes after an assessment of transaction volumes, scope of global coverage, customer service, competitive pricing and innovation of the leading trade finance providers in the Kingdom.
This year, to increase the accuracy and reliability of results, Global Finance further enhanced their assessment by including a poll of key decision makers in multinational companies globally, alongside traditional input from industry analysts, corporate executives and technology experts.
In 2012, SABB continued its focus on client service, product innovation, and the development of trade opportunities for clients.
During the year, SABB successfully rolled out a number of key initiatives directed toward helping its clients grow their trade related businesses.
SABB offers an unrivalled global connectivity through its association with HSBC Group, as well as a range of sophisticated and customized conventional and Shariah-compliant trade finance solutions to meet growing trade and supply chain needs of its clients.