Arab Bank named best trade finance provider in the Middle East for 2012

Arab Bank was recently honored with the Best Trade Finance Provider award in the Middle East from Global Finance Magazine for the sixth consecutive year. Arab Bank received this award based on its transaction volume, scope of global coverage, customer service, competitiveness and innovation.

Nemeh Sabbagh, Chief Executive Officer of Arab Bank commented, “As one of the oldest banks in the Arab world we have long appreciated the role that trade relations play, not only in bringing the region together, but also in being an engine of economic growth.”  Mr. Sabbagh further elaborated: “Trade finance has long been an integral component of Arab Bank’s business strategy; we understand our customers and we know how to help them navigate the region effectively.”

Nadya Talhouni, Senior Vice President- Head of Cash Management and Trade Finance at Arab Bank added, “Being recognized on a regional level is a reflection of the Bank’s commitment to its customers and the solid foundation of its operations.”  Ms. Talhouni also said, “We remain focused on our customers and will work to exceed their expectations, be it in our product offerings or our service. Arab Bank’s team of qualified professionals is available across the network in over 500 branches across 30 countries to meet our customers’ trade finance requirements.”

“Now more than ever, the availability of trade finance at reasonable prices is crucial to the health of the global economy,” says Joseph D. Giarraputo, Publisher and President of Global Finance Magazine. “We have selected the banks that are best serving the needs of corporations worldwide as they engage in cross-border trade.”