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ATM & Branches(SABB) Awarded ‘Best in Class E-Commerce Acquirer’ by Mastercard
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January 2022
The Saudi British Bank (SABB) has been awarded “Best in Class eCommerce Acquirer 2021” by Mastercard. It is in recognition of the bank’s digital innovation and continued progress in delivering market-leading payment solutions across all sectors, providing customers with advanced digital banking experiences.
On this occasion, Majed Najm, Deputy Managing Director of Corporate and Institutional Banking at (SABB), said: “We are proud to have received this award, it is a culmination of our leadership and excellence in providing innovative solutions meeting the growing and diverse needs of our customers. The award also demonstrates our continuous efforts aligned to achieving the strategic goals of Vision 2030. We are committed to playing our role as a major financial institution stimulating economic and commercial growth in order to drive forward the Kingdom’s digital transformation.”
“A close long-term strategic partner, SABB has always been instrumental in driving digital growth in the Kingdom. We are delighted to have awarded them ‘Best in Class eCommerce Acquirer 2021,” said J.K. Khalil, Country Manager, Saudi Arabia, Bahrain and Levant, Mastercard.
“We are committed to enabling the sustainable growth of the financial landscape across Saudi Arabia and the rest of the region. Together with our partners, we continuously connect consumers to the possibilities and benefits of digital payments and eCommerce. We will continue to advance growth by rolling out innovative solutions that provide simple and convenient ways to transact,” he added.
(SABB) is a leader in digital transformation, focusing on accelerating transformation steps at all levels, including eCommerce, which is an important pillar in providing a leading banking experience while stimulating the economy and developing various business sectors.
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Saudi Awwal Bank, a listed joint stock company, incorporated in the Kingdom of Saudi Arabia, with paid in capital of SAR 20,547,945,220, commercial registration certificate 1010025779, unified number 7000018668, Mailing Address: P.O. Box 9084, Riyadh 11413. National Address: 7383 King Fahad Branch Rd, 2338 Al Yasmeen Dist., 13325 Riyadh, Kingdom of Saudi Arabia, Tel. +966 11 4050677, www.sab.com, licensed pursuant to the Council of Ministers Resolution No. 198 dated 06/02/1398H and Royal Decree No. M/4 dated 12/08/1398H, and regulated and supervised by the Saudi Central Bank.