The Saudi British Bank is celebrating its seventh consecutive win after being selected as Best Cash Management Provider in Saudi Arabia by Euromoney.
Based on feedback from treasurers, CFOs and cash management specialists, the award recognises top financial institutions that show an impressive track record in providing cash management products and services. The judges felt that SABB’s technical abilities and global reach, afforded through close ties with HSBC, marked it out as a winner.
Majid Algwaiz, General Manager of Commercial Banking at SABB, said: “The award clearly demonstrates that SABB’s approach to payments and cash management continues to be well received in the Kingdom. We are committed to delivering the best in class services, and are focused on creating value and tailored solutions that help our clients achieve their business objectives and comply with regulatory requirements“.
Initially part of the British Bank of the Middle East, which was acquired by HSBC in 1959, SABB was established as a separate entity in 1978. HSBC retains a minority share.
GTNews will be reporting live from this year’s AFP conference in San Deigo. Here are 10 of the best sessions taking place next week – we hope to see you there!
Treasurers are being expected to do more work with fewer resources than ever before, so it is little wonder that the automation of day-to-day operations was highly discussed on the second day of EuroFinance, the annual treasury event held in Barcelona this week.
The key points of discussion at 2017's EuroFinance conference in Barcelona on Wednesday were how to deal with the geopolitical uncertainty that is being seen the world over, regulation, automation and cybersecurity.
This year’s EuroFinance conference in Barcelona is billed to be bigger than ever so we have picked out 10 of the best sessions taking place next week.