The Saudi British Bank (SABB) has been named the "Best Trade Finance Bank" in Saudi Arabia for 2011 by Global Trade Review (GTR), one of the world's leading international trade finance magazines known for providing in-depth news and analysis on emerging global trends in trade financing and banking. This is the third year in succession that SABB has won this coveted award. GTR selects the best financial institutions around the world based on a customer poll conducted for each market. These awards have become recognized and acknowledged by business communities around the world as standards of excellence. Commenting on the occasion, David Dew, Managing Director of SABB, said: "We are delighted with the appreciation we have received from GTR in recognition of our leading role in financing trade in the Kingdom. The award reflects the excellent progress that our Trade and Supply Chain (TSC) have continued to make in 2011. We remain committed to helping our customers with their international trade needs through innovative trade facilitation and finance products backed by a seamless customer service proposition." SABB offers a comprehensive suite of conventional and Shariah-compliant trade products, with ability to structure and implement bespoke solutions to meet complex requirements of local and multinational customers, using local expertise and resources backed by HSBC's global presence. In 2011, SABB has won a number of major awards from world renowned magazines and international organizations for being the Best Trade Finance Provider; Best Sub-Custodian Bank; Best Islamic Project Finance Provider, and the Best Cash Management Bank.
