Arab Bank received two recognitions recently on the regional level for its trade finance and cash management services. The Bank was awarded Best Trade Finance Provider and Best Cash Manager in the Middle East from EMEA Finance and Global Investor/ISF (Euromoney) magazines respectively for 2014. Arab Bank received the Best Trade Finance Provider in the Middle East award for its significant achievements in various fields including growth in market share, innovation, and business strategy.
As for the Best Cash Manager in the Middle East award, the Bank was recognized for exceptional services to corporate clients in addition to overall performance, successful strategy, and providing advanced solutions. Mr. Nemeh Sabbagh, Arab Bank’s CEO commented, "These awards come as yet another testament to the high level of trust the Bank enjoys from different local, regional and international parties who view Arab Bank as one of the leading banks in the Middle East."
Mr. Sabbagh added, “With more than 84 years of experience in the region and an extensive network of over 600 branches in 30 countries, Arab Bank is truly unique amongst its peers. We work closely with our clients across different sectors, dedicating our deep expertise and solid capabilities to provide comprehensive financial solutions to meet their banking needs and support their business growth locally, regionally and globally.”
Ms. Nadya Talhouni, Senior Vice President- Head of Cash Management and Trade Finance at Arab Bank said, "Cash management and trade finance are core business lines for Arab Bank. In addition to our comprehensive trade finance offering, our range of cash management services also include state-of-the-art online corporate banking solutions that enable our clients to manage transactions efficiently and securely from anywhere in the world.”
Ms. Talhouni concluded, “We are proud to receive these awards; the Bank will remain fully committed to providing the best solutions to its corporate clients through our specialized teams across Arab Bank’s global network.” Arab Bank received many international awards and recognitions during the year from prestigious organizations including Best Bank in the Middle East from Global Finance magazine in addition to Best Bank in Jordan from Euromoney and the Banker Middle East magazines.