The announcement was made at a party held by the Committee, which consists of Saudi banks' representatives.
SABB Investment Funds have so far won 26 prizes on the basis of the Bank's excellent performance in managing the Investment Funds over different periods ranging from one, three to five years.
SABB has also scooped the first prize for its management of a group of investments, such as the Amanah Saudi Equity Fund, which has bagged the first prize for 2005 and the Saudi Equity Trading Fund which took the first prize for the same year and the Best Performance Award in the three and five years category.
The awards, it is pointed out, reflect the high caliber of the SABB team in managing all categories of Mutual Funds, which lead to increased demand for SABB investment products owing to the customer's confidence in the quality of the product and service.
The Investment Funds awards covered 20 categories including Trading Funds of the Capital Markets, Local and International Equity and Bonds Markets.
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SABB wins Best Investment Funds Manager award
- Saudi Arabia: Monday, June 05 - 2006 at 09:38
- PRESS RELEASE
SABB (The Saudi British Bank) has been awarded the Best Investment Funds Manager for the year 2005 by the SAMA Investment Products Committee.
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Posted by Anne-Birte Stensgaard, Senior News EditorMonday, June 05 - 2006 at 09:38 UAE local time (GMT+4)
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This article was updated on Fri Mar 02 2007.
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