Bank Al Jazira has been named the “Best Private Bank” in Saudi Arabia for 2015 by the Global Banking and Finance Review, one of the most reputable online portal for news on global banking and finance industry. It's the first time Bank Al Jazira has picked up this coveted award, widely acknowledging BAJ private banking as the pre-eminent private bank in the Kingdom. Commenting on winning the award, Hamad Al Ajaji, Senior Vice President & Head of Private Banking, said “we are delighted & honored to win this international award, which reflects our leadership in providing private banking services.” He added: “BAJ has successfully rolled out a number of key initiatives directed toward helping our clients with different and diversified opportunities. The initiatives also include geographical expansion in main regions of Saudi Arabia, and we will continue to lead in providing innovative and customized solutions to our clients and are proud to be recognized by them and the market in this respect.” The recognition comes after an assessment of transaction volumes, scope of overall coverage, customer service & competitive pricing. This also takes into account feedback and traditional input from key HNWI customers in the Kingdom of Saudi Arabia.— SG