SAUDI Hollandi Bank (SHB) has launched a new branch in Al-Sahafa District in northern Riyadh. With this, the bank has raised the number of its branches in the Kingdom to 47. Dr. Bernd Van Linder, Managing Director of Saudi Hollandi Bank, inaugurated the new branch. The move is in line with the bank's continuous efforts to respond to the growth in its clients and its initiatives to boost its effective presence in the nascent urban districts of the Kingdom's cities and meet the different banking needs. The Sahafa District branch located along Anas Bin Malik Road is distinct for its strategic location in the middle of the vital areas, apart from its modern design. Abdullah Al-Hassan, General Manager for the bank branches network, said the step comes within the bank's aspiration to restructure its branches and provide innovative concepts for the branches according to a modern vision and an integrated work environment supported by the latest technology. The new branch will provide a comprehensive package of banking services – like opening accounts, immediate issuance of ATM cards and immediate approval of personal and real estate financing applications. The branch has been supported with the technology for recycling of cash (TCR) so as to boost the spread of the open branch experience. — SG
