• HSBC

SABB launches new Tawaruq personal finance

The Saudi British Bank (SABB) has introduced a new product from Amanah Islamic financial solution "Amanah Personal Finance", to provide straightforward finance for individuals (Saudis and Expatriates), with a minimum basic salary of SAR3,000, and to self-employed people maintaining minimum average balance.

Commenting on the launch, Sulaiman Al Hamdan, SABB Deputy Managing Director said: "We are proud to be the first bank to provide this service to its customers. In line with our "Customer First" strategy, the new product is a key part to meet the demands of our customers in a Shariah's compliant way.

It is worth mentioning that SABB landed many awards and scored many successes on both local and international levels. Those achievements are attributed to SABB's commitment to customer services and to the innovative programmes, projects and a wide array of services to meet customers' requirements.

The successes achieved over the past years enabled SABB to win "Best Equities House in the Kingdom of Saudi Arabia for 2005" by the Euromoney Magazine. Also Standard & Poor's, one of the world's leading credit rating agencies had assigned a rating of (A-) to The Saudi British Bank.
Sulaiman Al Hamdan, SABB Deputy Managing Director  
Sulaiman Al Hamdan, SABB Deputy Managing Director
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