ANB becomes largest Visa signature credit card issuer in Saudi Arabia

ANB becomes largest Visa signature credit card issuer in Saudi Arabia
Updated 17 November 2014
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ANB becomes largest Visa signature credit card issuer in Saudi Arabia

ANB becomes largest Visa signature credit card issuer in Saudi Arabia

Arab National Bank (ANB) has been honored by Visa for becoming the largest issuer of Visa signature credit cards in the Kingdom, according to the Visa Inc., a global leader in electronic payments.
This achievement of ANB comes as a result of the unwavering efforts of its marketing and sales team, besides the exclusive promotions, special discounts at selected merchants and value-added benefits to customers, including ANB Rewards Program which offers cardholders a chance to win points and redeem these for rewards whenever they use their credit cards to pay for purchases inside and outside the Kingdom.
Ahmed Gaber, country manager, Visa-KSA said: “We would like to congratulate ANB for becoming the largest issuer of Visa signature credit cards in such a short span of time to meet the requirements of the rapidly growing affluent market segment in the Kingdom. Based on Visa’s research and direct accountholder feedback, we are confident that this exotic card will provide affluent accountholders exactly what they need.”
He added: “Visa is a trusted partner for banks looking to grow their electronic payment portfolio and is committed to developing innovative, tailored products and provides issuers with the platforms to build hundreds of credit products, with a combination of rewards, benefits and features tailored to the affluent consumer’s needs and preferences.”
ANB's Head of Consumer Banking Asad Alsada said: “Arab National Bank is proud to partner with Visa to launch the premium Visa signature credit card, which received an overwhelming response from our customers. We hope our long and fruitful cooperation will become even stronger, and this recognition to reinforce ANB’s credit cards, which are diverse, suit large customer base and offer constantly great features and privileges.”
Visa partnered with ANB early this year to introduce the Visa signature credit card, which provides affluent cardholders with attractive and exclusive privileges locally and globally, including excellent travel benefits like lounge access to over 500 VIP lounges, travel insurance, complementary Concierge Service and access to discounts and privileges on the Visa luxury hotels website.