For the 6th Consecutive Year SABB Awarded "The Best Cash Management Bank in Saudi Arabia"

SABB, for the sixth consecutive year, has been recognized by Euromoney as "The Best Cash Management Provider in Saudi Arabia for 2013".

The Euromoney Cash Management Award is based on feedback from CFO's, Treasurers, Cash Management Managers and Financial Officers in Saudi Arabia on their banks' ability and track record in providing cash management solutions through their product and service offerings.

SABB provides a comprehensive range of integrated products and services: payments, collections, and liquidity management solutions, coupled with market-leading integrated electronic channels to help clients maximize their working capital positions through dedicated sales, product management, implementation, and client service teams. Winning the Euromoney award is a testament to the importance SABB attaches to delivering superior and timely service to its customers.

The win is also a reflection of SABB's partnership with Saudi business/corporates and underscores the success and thought leadership of SABB in the payments and cash management space.

David Dew, Managing Director, SABB, commented: "The award clearly demonstrates that our 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. The combination of our technical strength, extensive footprint in the Kingdom and our global reach through our association with HSBC has positioned SABB as one of the strongest cash management banks in Saudi Arabia".