EmerioBanque

Arab Bank Received the Middle East’s Best Trade Finance Provider 2021 Award

Recently, Arab Bank was honored with the “Best Trade Finance Provider 2021 in the Middle East” award by Global Finance, a New York-based international publication at the Bankers’ Association for Finance and Trade (BAFT) and the International Financial Services Association (IFSA) global annual meeting in London.

This honor is considered as the acceptance of the bank’s influential position in the area along with its excellent capabilities in facilitating up-to-date banking solutions and trade finance instruments that cater to the clients’ emerging requirements across different sectors.

To select this Arab bank for the mentioned award, an evolution process was held by a panel of the magazine’s editors with information data from global financial analysts, corporate executives, and innovation specialists. The parameters for picking the victors involved the exchange volume worldwide coverage extent, client service, competitive prices, and current technologies.

This worldwide recognition is a demonstration of Arab Bank’s outstanding performance and long achievement record driven by its procedural vision and continuous efforts towards considering the latest technologies in the banking sector to offer smooth and well-organized banking experiences to its customers. It is also considered an expression of its basic role in encouraging trade across the Middle East and North Africa by conveying a thorough range of financial solutions and services that are in accordance with the most recent developments in the banking industry locally, regionally, and worldwide.

Recommended read: Trade Finance Is On Its Way To Get More Digitised Post-covid: Report


According to Nemeh Sabbagh, Arab Bank’s Chief Executive Officer, “Arab Bank plays an important role in providing trade across the Middle East and North Africa. Supported by its great experience and understanding of the region and its requirements, the bank has been and continues to be one of the main leaders of economic development in the Arab world.” He further added that “Trade Finance consists of one of our influential business areas and getting this award re-establish our role as the crucial provider of trade finance services in the area. We are focused on continuous development to cater to the needs of our clients and aid their business growth worldwide. ”

Arab Bank has one of the largest global Arab banking networks with over 600 branches in five continents as well as immense experience in trade finance and a thorough understanding of the region, thereby reconfirming the bank’s abilities to fulfill its clients' emerging needs across nations.

It is also essential to mention that Arab Bank also received various global recognitions during the past year among which the most noticeable award was the “Best Trade Finance Provider 2021 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. Additionally, the bank also received the “Best Mobile Banking App in the Middle East” award from Global Finance for its suitable corporate digital banking services.





Other news

Exchange Rates

Currency Buy Sell
EUR USD 1.06 1.10
EUR GBP 0.86 0.89
EUR CHF 1.02 1.06
EUR AUD 1.72 1.70
EUR JPY 116.08 116.56
EUR MYR 4.50 4.77
EUR SGD 1.53 1.57
EUR HKD 8.27 8.53
EUR CAD 1.54 53.84
EUR DKK 9.75 1.55

Most Recent Blogs View All Blogs

22 Nov

How Banks Can Parlay Technology into a Competitive Edge

Technology has become a new basis for banks in order to survive in the competition. Leading banks us...

21 Nov

Trade Credit Finance: The Advantages and Disadvantages

The Trade credit is basically a kind of short-term financing which permits the businesses to purchas...

15 Nov

International Trade Finance Trends: What To Expect In 2023

International trade finance is considered as the dynamic along with an ever-evolving field which als...

Disclaimer

Emerio Banque is an innovative global financial institution incorporated in England and Wales with Legal Entity Identifier 875500DGPPWAFABBK130. Emerio Banque does not offer its products and services to businesses and/or persons registered in the United Kingdom.

No information on this website should be construed as a solicitation, offer, recommendation, and representation of suitability or endorsement of any security, investment or strategy.

Important Notice

Emerio Banque would like to advise its customers to report any suspicions which they may have regarding the identity of any intermediary who promotes products or services offered by us or any intermediary bearing similar names. You should verify with Emerio Banque by calling our Customer Service Number on +44 203 059 7831 or emailing help@emeriobanque.com

Please also be aware of bogus SMS messages and voice message calls or fraudsters who impersonate the staff of Emerio Banque.

We have recently become aware of a number of entities with different names misrepresenting themselves as associates, partners or agents of Emerio Banque.

Please be informed that Emerio Banque is not associated with nor do we have any business connections or dealings with such institutions.

Emerio Banque takes all information regarding suspicious fraudulent activity very seriously. Please immediately inform us at compliance@emeriobanque.com if you suspect or are approached by persons misrepresenting or impersonating Emerio Banque and/or its officials. We will make investigations and will take legal action where necessary.