Saudi Arabia

Awards of Excellence

Best Bank and Best Equity House: Samba
Best Debt House and Best M&A House: HSBC

Awards of Excellence

Middle Eastern regional awards

The growing presence of foreign banks in Saudi Arabia has added excitement to what had been a stodgy and unimaginative market. Most of the local institutions are rising to the challenge. Several, such as National Commercial Bank, are in the middle of transformations. Others, such as Al Rajhi Bank, continue to perform well and Arab National Bank has yet again delivered excellent profits when others are finding the going tough, while maintaining sound pragmatic management.

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