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Friday, December 4 - 2009

SABB wins the 1st place in the "Basic Investment Essentials Certificate" programme

  • Saudi Arabia: Monday, September 18 - 2006 at 14:54
  • PRESS RELEASE

SABB has won the 1st place among Saudi banks in the number of employees who have acquired "The Basic Investment Essentials Certificate", offered by the Institute of Banking, an affiliate of Saudi Monetary Agency "SAMA".

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  • Mr. Adel Al-Nasser, SABB's Deputy Managing Director
    Mr. Adel Al-Nasser, SABB's Deputy Managing Director
According to the latest statistics issued by the institute (end of July 2006), 448 employees of SABB have acquired this certificate.

In this occasion Mr. Adel Al-Nasser, SABB's Deputy Managing Director said, "SABB has paid great attention to this programme, in accordance with the policy of SAMA that aims at increasing investment awareness among the employees of the banking sector in the Kingdom of Saudi Arabia, and to create a solid ground to cope with the obvious expansion in stocks markets, which has witnessed a noticeable increase in the privatization of major Saudi companies, where SABB has endeavored to train any employee who has a direct relation with the provision of financial or business services, by acquiring 'The Basic Investment Essentials Certificate', after passing the required examination prepared by the Banking Institute".

SABB has won the award of "Best Investment Fund Manager", for 2005. This award is offered by the "Investment Products Committee", under the supervision of the Saudi Monetary Agency "SAMA. It has been awarded to SABB in a ceremony organized by the said Committee, which consists of representatives from the different Saudi banks. SABB Investment Fund diverse categories has won 26 awards, thanks to SABB's outstanding performance in management of investment funds, within a time span that ranged between one, three, and five years.
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Notes and media contacts

Ibrahim S Abo-Mouti
Head of Corporate Communication
SABB
P O Box - 9084
Riyadh - 11413
Office Tel. # +966-1-276-4041
Office Fax # +966-1-276-4809

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