FAB gets award for liquidity management
This recent win follows a number of recent accolades for FAB
First Abu Dhabi Bank (FAB) has been recognised as the ‘Best Bank for Liquidity Management Middle East’ for 2018 by Global Finance, at the seventh annual Transaction Processing Awards in Sydney, Australia.
The awards recognise leading financial institutions which provide global treasury clients with advanced data analysis and insight technologies. FAB provides a diverse range of products, tools and services to help clients manage cash flow, with this area forming a key driver of revenues in the bank’s Corporate and Investment Banking (CIB) division during the first ■ nine months of 2018.
This recent win follows a number of recent accolades for FAB. Earlier this month, the bank was also named as ‘Safest Bank in the Middle East’ for the second consecutive year by Global Finance.
André Sayegh, FAB deputy group CEO and head of Corporate & Investment Banking, said: “This award is a true testament to our innovative approach to banking, integrating leading technologies and a sophisticated product range with a methodology that places our customers first. As technology continues to transform the treasury and cash management landscape, FAB will continue to innovate and explore new technical solutions to meet the evolving cash management needs of our clients both in the UAE and abroad.”