Press Release Content

Emirates NBD, the largest banking group in the Middle East in terms of assets, has been awarded the much coveted title of ‘Best Bank in the UAE 2008’ by Global Finance magazine, the leading monthly financial magazine.

In addition, the Bank was also awarded the ‘Best Foreign Exchange Provider in the UAE 2008’ and ‘Best Trade Finance Provider in the UAE 2008’ in recognition of its exceptional performance.

Emirates NBD was selected as this year’s best UAE bank based on key criteria such as growth in assets, profitability, strategic relationships, customer service, competitive pricing and innovative products.

The criteria for assessment also measured overall performance in the previous period, incorporating qualitative achievements and strategic initiatives.

Rick Pudner, CEO, Emirates NBD, said: “Recognition of Emirates NBD’s performance and ability to deliver world class services and products to customers, whatever their banking needs or financial climate is testament to our commitment to raising the banking benchmark in the Middle East. This award has further strengthened the bank’s leadership position in the local and regional banking industry.”

The prestigious awards were received by Mr. Mohamed Wajid Kamran, Global Head Financial Institutions Division, Emirates NBD at a ceremony recently held in Washington on the sidelines of the International Monetary Fund Meeting.

This year’s awards ceremony was the 15th year that Global Finance magazine has selected top Banking performers in Emerging markets. Global Finance magazine has more than 250, 000 readers in more than 158 countries and is an authoritative source of information for the finance industry leaders.

LATEST PRESS RELEASES