Bank recognised for contribution to UAE's smart lifestyle in support of His Highness Sheikh Mohammed bin Rashid Al Maktoum's Smart Dubai vision

Recognised as a digital leader and innovator in the GCC's financial services sector

Dubai, 7 December, 2016

Emirates NBD, a leading bank in the region, took home the ‘Smart Financial Services Excellence Award’ at the ‘6th Middle East Municipalities and Smart Cities Excellence Awards’. The bank was recognised for its outstanding commitment to smart banking and living, in support of Highness Sheikh Mohammed bin Rashid Al Maktoum’s Smart Dubai vision that aims to make living in Dubai the most efficient, seamless, and impactful experience through technology innovation.

The bank was lauded for being a digital innovator in the region, offering customers a seamless and omnichannel delivery of its products and services and empowering them with a truly smart lifestyle. Through the Emirates NBD Future Lab™, launched earlier this year, the bank has cultivated a culture of innovation that consistently develops personalised consumer-centric offerings to make banking and payment transactions convenient and accessible all day for Dubai’s residents.

Ahmed Al Marzouqi, Executive Vice President & General Manager of Retail Distribution at Emirates NBD, who represented the bank at the award ceremony said: “Inspired and led by His Highness’s vision of a Smart Dubai, we have consistently innovated to create a truly smart living experience for our customers. From our Go4it credit card that combines the benefits of a payment card with a RTA Nol card, to our digital and mobile platforms that allow customers to pay their utility bills or top up Salik on-the-go, Emirates NBD remains committed to providing 24/7 banking and payment services to customers, helping transform Dubai into a truly smart community.”  

Judged by a committee of specialists, the 6th Middle East Municipalities and Smart Cities Excellence Awards, recognises and honours notable achievements of exceptional municipalities and private institutions that have brought recognition to their respective constituency, community and country through their achievements.

The award ceremony was held on the second day of the 6th GCC Municipalities and Smart Cities Conference, a forum dedicated to discussing the latest strategies in mobilising global cities competitiveness, challenges encountered in sustaining the municipalities, and various solutions and initiatives pivotal for smart city development.

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About Emirates NBD: 
Emirates NBD is a leading banking Group in the region. As at 30th September 2016, total assets were AED 446 Billion, (equivalent to approx. USD 121 Billion). The Group has a significant retail banking franchise in the UAE and is a key participant in the global digital banking industry, with over 90 per cent of all financial transactions and requests conducted outside of its branches. The bank currently has more than 220 branches and over 955 ATMs and CDMs in the UAE and overseas and 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. It is a major player in the UAE corporate and retail banking arena and has strong Islamic Banking, Global Markets & Treasury, Investment Banking, Private Banking, Asset Management and Brokerage operations. Ratings agency Moody’s recently upgraded the bank’s long-term deposit and senior unsecured ratings to A3 and its baseline credit assessment (BCA) to ba1. In addition to the bank's strong funding and liquidity profile, the upgrade reflected the bank's improved loan quality, and its higher loss-absorption buffers.

The Group has operations in the UAE, Egypt, the Kingdom of Saudi Arabia, Singapore, the United Kingdom and representative offices in India, China and Indonesia.

The Group is an active participant and supporter of the UAE’s main development initiatives and of the various educational, environmental, cultural, charity and community welfare establishments.

For more information, please visit: www.emiratesnbd.com

For further information on Emirates NBD, please contact: 
Ibrahim Sowaidan
Senior Vice President
Head - Group Corporate Affairs
Emirates NBD
Telephone: +971 4 609 4113 / +971 50 6538937
e-mail: ibrahims@emiratesnbd.com

Tricia Kaul | Shaleen Sukthankar
ASDA’A Burson-Marsteller; Dubai, UAE
Tel: 971-4-4507600; 
Fax: 971-4-4358040
Email: tricia.kaul@bm.com  
shaleen.sukthankar@bm.com

© Press Release 2016