AHLI UNITED BANK NAMED ‘BEST TRADE FINANCE PROVIDER IN BAHRAIN’ 2009 BY GLOBAL FINANCE
Ahli United Bank (AUB) has been named ‘Best Trade Finance Provider in Bahrain’ 2009 by New York-based international finance publication, Global Finance.
In selecting the best trade finance provider award winners, Global Finance editors took input from industry analysts, corporate executives and technology experts to select the best trade finance providers in 68 countries and regions. The award recipients were chosen based on specific criteria including: transaction volume, scope of global coverage, customer service, competitive pricing and innovative technologies.
“Winning this award from a prestigious publication underlines the reliability of our service and the efficiency of our integrated network. By constantly endeavouring to improve our product offering and our technical capabilities, we have successfully positioned ourselves as a leader in Trade Finance activities,” said Zainab Al-Qadi, Group Head of Trade Finance, Ahli United Bank.
“Global trade is expected to decline in 2009 for the first time since 1982, but trade finance is booming, as exporters and importers seek to manage their risks more carefully. We have selected the banks that corporations can rely on for financing their global trade activities and providing other trade-related services,” commented Global Finance.
This award comes on the heels of AUB’s win of the ‘Bank of the Year – Bahrain 2008’ award by The Banker magazine, and a third consecutive win of the ‘Best Foreign Exchange Bank Middle East’ award from Global Finance.