Arab Bank Named the Middle East’s Best Trade Finance Provider 2021
Dubai, UAE, 27 February 2021: Global Finance, the New York-based international publication, has recently granted Arab Bank the “Best Trade Finance Provider 2021 in the Middle East” award. The recognition comes as an acknowledgment of the bank’s leading position in the region and its exceptional capabilities in providing the latest banking solutions and trade finance products that meet its clients’ evolving needs across the different sectors.
Arab Bank was selected for this award based on an evaluation process conducted by a panel of the magazine’s editors with input from international financial analysts, corporate executives and technology experts. Criteria for choosing the winners included transaction volume, scope of global coverage, customer service, competitive pricing and innovative technologies.
This global recognition is a testament to Arab Bank’s solid performance and long success record driven by its institutional vision and constant efforts towards adopting the latest technologies in the banking industry to provide seamless and well-rounded banking experience to its clients. It also comes as a manifestation of its integral role in facilitating trade across the Middle East and North Africa by delivering comprehensive banking solutions and services that are in line with the latest developments in the banking sector locally, regionally and globally.
Arab Bank owns one of the largest global Arab banking networks with more than 600 branches spanning five continents, as well as extensive experience in trade finance and deep understanding of the region, thus reaffirming the bank’s ability to meet its clients’ evolving needs across countries.
It is worth mentioning that Arab Bank also received several international recognitions during the past year, most notably the “Best Bank in the Middle East” award from Global Finance for the fifth consecutive year. The list of awards also includes “Best Bank for Cash Management in the Middle East” from Global Finance, “Best Trade Finance Services in the Middle East” from EMEA Finance, “Cash Manager of the Year in the Middle East” from Global Investor/ISF. The bank also received the “Best Mobile Banking App in the Middle East” award from Global Finance in recognition of its corporate digital banking services.