SABB provides economic overview to high-end clients

Tony Cripps, managing director and CEO of SABB.
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SABB hosted the 2022 Economist annual roadshow on Oct. 6, which was attended by a number of HSBC’s most recognized economists, a group of executives, and high-profile SABB clients from the retail and corporate sectors.

The roadshow aimed to provide clients with an economic overview and analysis of trends by HSBC Group’s economists: Simon Williams, HSBC chief economist, CEEMEA; Paul Mackel, head of emerging markets FX Research; and Janet Henry, global chief economist.

Tony Cripps, managing director and CEO of SABB, reaffirmed SABB’s commitment to its role in achieving Vision 2030 and its effective contribution to the development of the national economy through financing major projects, supporting institutions and companies of all types, and accelerating the pace of economic growth and sustainable development in the Kingdom and the region as a whole.

Yasser Al-Barrak, CEO of corporate and institutional banking at SABB, emphasized the need for organizing these discussions and listening to experts’ perspectives and expectations in order to uncover potential for long-term success.

He went on to emphasize Saudi Arabia’s solid management of COVID-19 and prudent use of its financial resources, which have put the country in a highly favorable position, making it an attractive location for both global and local investors.

The speakers shared their views on the themes shaping the global economy in the short and medium term with thought-provoking presentations.