Emirates NBD first bank in UAE and region to receive three Euromoney Awards for Excellence 2016

2 Min | 04 June 2016

Named 'Best Bank in the Middle East', Best Bank in the UAE' and 'Best Digital Bank in the Middle East' for leadership in digital banking innovation

Dubai, 4 June 2016: Emirates NBD, one of the leading banks in the region, has become the first bank in the UAE and the Middle East to win in three categories of the Euromoney Awards for Excellence 2016. The bank was named Best Bank in the Middle East, Best Bank in the UAE and Best Digital Bank in the Middle East at the 25th edition of the prestigious awards.

The bank was recognised for its solid financial and operational performance in the past year and in particular, for its continuous focus on product and service innovation to create a frictionless customer experience, further reinforcing Emirates NBD’s standing as the bank of choice for customers, employees and shareholders. The awards come close after Emirates NBD, one of the leading banking groups in the region, has announced that it will invest AED 500 million over the next three years towards digital innovation and multichannel transformation of its processes, products and services.

The prestigious award ceremony took place in Dubai and marked 25 years of the benchmark Euromoney global banking awards. The ceremony was attended by Hesham Abdulla Al Qassim, Vice Chairman and Managing Director of Emirates NBD as well as a group of senior executives and management members of the Bank in addition to a large number of senior bankers from the region.

Speaking after the ceremony, Hesham Abdulla Al Qassim, Vice Chairman and Managing Director of Emirates NBD said: “This significant recognition for Emirates NBD further validates our reputation as an innovation-led, customer-focused bank that is indisputably a market leader in the region. It is truly gratifying to be continuously awarded for our efforts which demonstrates our hard work to hone products, operations and service levels. Our efforts are in line with the vision of HH Sheikh Khalifa bin Zayed Al Nahyan, President of the UAE, and HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, and the directions of H.H. Sheikh Ahmed Bin Saeed Al Maktoum, Chairman of Emirates NBD, to make the UAE one of the world’s pioneering countries in supporting creativity.”

Emirates NBD is the largest banking group in the UAE by total income, net profit and branch network. A market leader in the UAE with a significant retail banking and wealth management business, the bank has emerged as a regional banking leader through an increased physical footprint, especially following its acquisition of BNP Paribas’
Egyptian unit, completed in 2013. The bank has also invested in digital initiatives to improve customer engagement and experience. As part of its multichannel transformation strategy, Emirates NBD has launched several new-to-market innovative banking services in the region, in line with Dubai’s vision of becoming a Smart City.

The prestigious recognition at the Euromoney Awards for Excellence is the latest in a series of accolades received by the bank. Emirates NBD was named Bank of the Year – Middle East 2015’ by The Banker; and Best Consumer Digital Bank in Middle East and Africa’ in the UAE and ‘Best Mobile Banking App’ Middle East and Africa, for the second year running, in addition to being named ‘Best in Mobile Banking’ for Middle East and Africa atGlobal Finance’s Best Digital Bank Awards.

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