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SABB celebrates 50 years of partnership with Zamil Group

January 2012

The Saudi British Bank (SABB) has recognized the Zamil Group for completing 50 years as a key SABB Commercial Banking customer. At a ceremony held in the bank Sheikh Hamad Al Zamil and Sheikh Adib Al Zamil met with SABB official delegation headed by SABB Chairman Sheikh Khaled Olayan and were presented with a memento in appreciation of this important milestone. The ceremony was attended by senior personnel from SABB, HSBC Saudi Arabia and Al-Zamil Group.

Speaking at the occasion, Sheikh Khaled Olayan stated "SABB and the Zamil Group have established a partnership that can be cited as a role model for bank customer/relationships. The essence of this partnership is for the mutual benefit of both parties to grow together side by side. SABB will support Zamil Group by all possible means to sustain the success of this relationship. We look forward to the next 50 years to further strengthen this partnership."

Thanking SABB for this recognition, Sheikh Hamad Al-Zamil stated: "We as Zamil Group value our relationship with SABB. We have grown together over the years as a result of this partnership. I would like to thank SABB for their contribution to our success over the years and we look forward to the continued success of our relation in the years to come."

SABB's partnership with Zamil Group goes back to the year 1955, when SABB opened a personal current account for the late Sheikh Abdullah Al Hamad Al Zamil. This account was the starting point of one of the largest groups in the Kingdom, and since then the SABB-Zamil relationship has gone from strength to strength."