Abu Dhabi, 12 March 2015

UNB was the proud recipient of four product awards, Best Home Finance, Best Customer Service - Retail, Best SME Loan, and Best Deposit Scheme at the 2015 Banker Middle East Product Awards. The awards were presented to Mr. Mohammad Nasr Abdeen, Chief Executive Officer, UNB Group and a team of UNB senior management by Mr. Robin Amlot, Managing Editor, CPI Financial to UNB at a ceremony held at the UNB Head office on 11th March, 2015.

Mr. Mohamed Ali, Executive Vice President and Head of Consumer Banking at UNB commented "This is the 6th year in a row that UNB has won awards at the Banker Middle East product awards, a testament to the consistent and quality products being introduced by the bank which are being appreciated and well accepted by customers in the market." The string of awards received by UNB are an affirmation of the robust policies and principles adopted by the Bank and a reflection of our commitment to the highest quality standards, and in line with the bank's strategic objectives to deliver superior customer service.

Mr. Mohamed Ali added "The UNB Home mortgage solutions is one of the most exciting offers that provides very competitive interest rates that start as low as 3.99% fixed per annum, as well as a long repayment period providing customer's a platform to replace the non-productive rental payments into productive installment payments.

"UNB's customer service is truly world-class and UNB conducts a variety of surveys to measure customer satisfaction at various stages of their relationship cycle with UNB."

"UNB's SME Loan is a very unique and value-added product that offers Cash Loan to Small & Medium Enterprises upto AED 2 Million. This product also helps the smaller sized SMEs become bankable and build up a track record especially from the aspect of trade finance.

"UNB is proud to get the Best Deposit Product Award for the Accelerating Rate Deposit, which is an innovative & unique product in the UAE that encourages consumers to adopt long term savings. ARD is a deposit product that offers great returns by rewarding customer loyalty and incentivizing them with a stepped up interest rate. The interest rate increases every month thereby offering the customer better returns as time progresses". He added.

The Banker Middle East Product Awards, is one of the most distinguished awards programmes within the financial industry, recognizing banking products and services within the Middle East that are either exceptionally innovative or have generated excellent financial results and market share, particularly during times of economic volatility.

-Ends-

About UNB
Established as a Public Joint Stock Company in 1982, UNB is one of the leading domestic banks in the United Arab Emirates, headquartered in Abu Dhabi. UNB offers a variety of products and services, addressing needs ranging from basic requirements of individuals to the more complex requirements of corporate entities.   

For more information
Mona Zayati
Corporate Communications Manager - UNB
Tel: +971504108400
Email: mona.zayati@unb.ae

© Press Release 2015