- Bank retains ‘Best Bank in the UAE’ title for seventh consecutive year
- Recognised as the “Middle East’s Best Bank”
Dubai: Emirates NBD, a leading banking group in the MENAT (Middle East, North Africa and Turkey) region won major recognition at the Euromoney Awards for Excellence 2021.
Emirates NBD was awarded ‘Best Bank in the UAE’ for the seventh consecutive year. Further, the bank was also awarded the title of ‘Best Bank in the Middle East’, highlighting its leadership position in the highly competitive regional banking sector.
The bank was lauded for its continuous focus on product and service innovation to create a frictionless customer experience, reinforcing Emirates NBD’s standing as the bank of choice for customers, employees, and shareholders.
Commenting on the win, Shayne Nelson, Group CEO, Emirates NBD said, “We are honoured yet again to receive the two most prestigious titles at this year’s Euromoney Awards. The past year has been challenging due to the pandemic, and its impact was felt not only by individuals, but also by the economy as a whole. Even in this unprecedented situation, Emirates NBD continued to deliver uninterrupted banking services to customers and businesses through our robust digital infrastructure and core customer-centric philosophy. Time and again, Emirates NBD has displayed its ability to continuously innovate and leverage its digital expertise to offer customers an unparalleled banking experience across the region. It is truly gratifying to be recognised for our hard work and these awards further validate our reputation as an innovation-led, customer-focused bank.”
The prestigious recognition at the Euromoney Award for Excellence is the latest in a series of accolades received by the bank. Earlier this year, Emirates NBD was recognised for its effort in the region in responding to the global pandemic and its pioneering approach to innovation in digital banking by The Banker. It was named ‘Bank of the Year – UAE 2020’ for the sixth year and ‘Bank of the Year – Middle East 2020’ for the third time.
About Emirates NBD:
Emirates NBD (DFM: Emirates NBD) is a leading Banking Group in the MENAT region. As at 30th June 2021, total assets were AED 694 Billion, (equivalent to approx. USD 187 Billion). The acquisition of DenizBank represents a significant milestone for Emirates NBD with the Group expanding its presence to 13 countries, servicing over 14 million customers. The Group is ranked among the top 20 in the Forbes’ list of the World’s Best Regarded Companies, securing a leading spot among global brands.
The Group has a significant retail banking franchise in the UAE and is a key participant in the global digital banking industry with 94% of all financial transactions and requests conducted outside of its branches. The Group announced the creation of E20., a digital business bank for entrepreneurs and SMEs while Liv., the lifestyle digital bank for millennials continued to be the fastest growing retail proposition in the UAE. Emirates NBD was named ‘Best Bank in the Middle East’ and ‘UAE’s Best Bank’ in 2021 for a seventh consecutive year by Euromoney. In addition, Emirates NBD received the ‘Excellence in Leadership in the Middle East’ award, introduced in 2020 in light of the Covid-19 impact, as a recognition of its efforts in responding to the Covid-19 crisis. Emirates NBD ranked 5th in Forbes’ Top 100 companies in the Middle East for 2021. The Bank is ranked 87th in The Banker’s list of the World’s Top 1,000 Banks. Emirates NBD was named ‘Bank of the Year – UAE 2020’ for the sixth year and ‘Bank of the Year – Middle East 2020’ for the third time by The Banker. In addition, Emirates NBD has been assessed as the ‘Strongest Bank in the UAE’ and ‘Fifth Strongest Bank in the Middle East’ by The Asian Banker 500 Largest and Strongest Banks Rankings.
The Group has operations in the UAE, Egypt, India, Turkey, the Kingdom of Saudi Arabia, Singapore, the United Kingdom, Austria, Germany, Russia and Bahrain and representative offices in China and Indonesia with a total of 905 branches and 4,044 ATMs / SDMs. The Group has a large social media following, being the only bank in the Middle East ranked among the top 20 in the ‘Power 100 Social Media Rankings’, compiled by The Financial Brand for 2019. Emirates NBD is a major player in the UAE corporate segment and has strong Islamic banking, investment banking, private banking, asset management, global markets & treasury and brokerage operations.
Emirates NBD is an active participant and supporter of the UAE’s main development and community initiatives, in close alignment with the UAE government’s strategies, including financial literacy and advocacy for inclusion of People with Disabilities under its #TogetherLimitless platform. The Group is recognised for the pioneering efforts in employee volunteering and corporate social responsibility by IMPACT2030, the corporate volunteering arm of the United Nations. Emirates NBD Group is a Premier Partner and the Official Banking Partner for Expo 2020 Dubai.