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The magazine reporters, correspondents and editors, along with a panel of consultants, and experts in the financial sector, have chosen SABB for this ranking, amongst all securities services companies in Saudi Arabia. The global ratings included key banking and financial institutions operating in nine major regions in the world covering 44 countries, and involve a series of advanced evaluation criteria addressing the volume of equities operations, market share, extent of coverage, customer service excellence, and the quality of technology used to provide the service.
John Coverdale, Managing Director of SABB said:
"This rating reflects the excellent reputation and standing enjoyed by SABB, it also highlights the bank's leadership and key role in the Saudi banking and financial sector, and confirms that the services provided by SABB, are in accordance with top international standards".
He also added: "SABB has been providing sub-custody services for some time now. The service is considered of significant importance in the banking industry, and it requires thorough understanding of the market, and the bank's commitment to train qualified and dedicated employees capable of providing equity services in an outstanding manner."
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Posted by Anne-Birte Stensgaard, Senior News Editor
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