News 2007

Dec 2007


The Banker Names Samba "Bank of the Year, 2007 in Saudi Arabia"

The Banker, a premier global banking and financial magazine, has named Samba Financial Group "Bank of the Year, 2007 in the Kingdom of Saudi Arabia. The Accolade was handed to Samba during the annual ceremony for distributing 2007 awards held in London on Wednesday 28 November 2007, and attended by prominent figures of global banking and financial industry leaders.

Mr. Eisa M. Al Eisa, Managing Director and CEO of Samba Financial Group, who received the accolade, said "this award from such a credible and reputable financial and business institution ascertains Samba's international standard of services and professionalism, which enable it to attain the highest evaluations and ranking from international judging committees and rating institutions, which base their ratings on strict criteria of performance, development and innovation".

The Banker's selection of Samba Financial Group to win this accolade was after evaluating the different submissions by a committee formed of judges and bankers who apply several professional, qualitative and quantitative criteria. The Banker is a premier rating body for banking and financial institutions around the world.

"Samba Financial Group's award winning rally reflects its untiring efforts to maintain high levels of professionalism and differentiated performance and upgrade its customer services, which provides for deepening the bank's image as a local and regional premier player in the industry", Al Eisa was quoted as saying, and added "the Group's vision is built on its comprehensive strategy for development and innovation aiming to elevate the standards of performance and customer services.

This Award adds to the chain of valuable accolades Samba won in 2007, which reinforced more the Bank's premier position in the industry".