Thursday 9th July 2009: EN Bank (Eghtesad Novin Bank) the first private bank in the Islamic Republic of Iran has been awarded at the prestigious Euromoney Awards for Excellence in Middle East 2009, which took place in Doha, Qatar.
EN Bank has been awarded with the 'Best Bank in Iran' award for the second consecutive year. This prestigious Award was received by En Bank's Chief Executive Officer and President, Mr. Seyed Ahmad Taheri Behbehani.
The award is a strong endorsement of the bank's position in the Islamic Republic of Iran as the most committed and creative bank, offering the most advanced products and services to its clients.
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About En Bank
EN Bank is Iran's first private bank; established in 2001 by a group of industrial, construction and investment entities, with the aim of facilitating provision of banking services to the burgeoning Iranian private sector and SMEs.
The Bank's founders were confident about the future success of their highly ambitious endeavour, particularly in light of massive privatization of public bodies envisioned in the country's five-year development plans and the 20-year perspective.
But, perhaps even they could not have dreamt the outstanding pace of growth their venture would adopt, helping create the foundations for what has now become a gigantic industry, with the number of private banks in Iran now nearing double digits.
With an ever sharp acumen for advanced technologies and customer requirements and with corporate strategies continuously updated to keep operations and services in line with modern international banking developments, EN Bank has been able to prove a market leader in provision of innovative banking solutions, satisfying the banking needs of its rapidly expanding customer base, while guaranteeing significant shareholder returns.
This all has helped secure international praise and accolades for the Bank, with reputable international references such as the Banker and Euromoney ranking the Bank as Number 1 in the Iranian banking industry.
© Press Release 2009
