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NCB wins Euromoney award 2014 for Best Private Banking in Saudi Arabia

Monday, 24 February, 2014

​​Seeking to provide best customers service and launching innovative and competitive products,

Fayez: the award showcases our excellent service

The National Commercial Bank (NCB) wins the award of “Best Private Bank for High Net Worth II Customers in Saudi Arabia” (US$ 10 million to US$ 30 million) for the year 2013.Hamed Fayez, Senior Executive Vice President and Head of Retail Banking Group at NCB, said: “The award showcases our excellence services in the private banking sector, where competitive and professional capabilities constitute the main push to enhance the quality level of our banking services and products.”

“Winning the award is the fruit of our strategic plans, employment policy of attractingthe national qualified talents, and our innovative and competitive products that meet the needs of our different segments of customers,” Hamed said.

He added: “This award also reflects NCB’s success not only in the area of banking services to VIP clients, but also in various areas of the banking industry.”

Fayez concluded: “It’s a very important award as it was given by a world leading and credible financial markets magazine, so it enhances our leading position and help us gain more customer confidence.”

Faisal Baageel, SVP & Head of  Private Banking at NCB, who received the award in Euromoney  Awards for Excellence Ceremony2014 recently held in London,  expressed his pride of the bank’s wining this high-ranking banking award, especially if it is given by one of the world’s leading financial markets magazine specialized in financial and economic researches and studies, highlighting that the criteria upon which the Bank was declared winner was for the excellence in the services provided to High Net Worth II Customers in Saudi Arabia. Baageel stressed that AlAhli provides its High Net Worth customers with full spectrum of banking services through high efficient relation managers.

“In cooperation with NCB Capital, the investment arm of NCB , we always aim to be the best bank in wealth management, by providing full banking and consulting services supported by well-planned financial plans and high quality banking services,” Baageel concluded.​