Euromoney magazine has awarded Saudi British Bank (SABB) the 2017 Saudi Arabia Trade Finance Bank of the Year Award for the first time in this category, an award that confirms and recognizes the bank's position as a leader in trade finance in the Kingdom. The award was based on feedback from industry analysts, technology experts and corporate executives, including chief financial controllers, treasury managers and finance department executives from Saudi and international companies with a presence in Saudi Arabia, which took into account the companies’ views on the ability of banks that

In 2016, SAM Bank launched a number of successful key initiatives geared towards helping its customers grow their businesses, including enhancing its trade services with key trading partners in Saudi Arabia, continuing to educate customers on new trends and risks associated with international trade through SABB Trade Academy programs and Trade Confidence Indicators, as well as various customer engagement and thought leadership sessions with key industry experts, expanding its range of products and services, continuing to expand its receivables financing offering, and offering global connectivity to SABB.

"This award clearly confirms that our approach to trade and receivables financing has consistently been widely accepted within the Kingdom, and we are committed to providing the best services to help our customers achieve their goals and meet the challenges of the business environment," said David Dew, Managing Director of SABB.The award confirms our continued leadership and excellence in providing innovative and specialized solutions that meet the growing and diverse needs of our customers, and we are proud of the recognition we have received from our customers and the recognition of our position in this field by business leaders."