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Liv. awarded for Innovation in Financial services at Arab Innovation Awards
Dubai: Emirates NBD Group, a leading financial institution in the region has won two national awards for its leadership in banking innovation.
Emirates NBD was recognised at the UAE Innovation Award ceremony for its best-in-class innovative products as well as for its leadership in fostering innovation across the region. The awards, held under the patronage of HH Sheikh Ahmed bin Saeed Al Maktoum, President of Dubai Civil Aviation Authority and Chairman and Chief Executive of the Emirates Group, were held by Dubai Quality Group for the first time this year, to recognise the most innovative private sector companies in the UAE.
Further, Liv., Emirates NBD’s digital lifestyle bank was recognised for ‘Innovation in Financial services, at the Arab Innovation Awards held during the inaugural Arab Innovation Summit. As the UAE’s first digital bank, Liv. was commended for its disruptive contribution to the UAE’s banking landscape, offering millennials a unique and creative proposition to lead a financially-healthy and fulfilling lifestyle.
Emirates NBD is regarded as a regional front-runner in digital banking innovation having introduced several first-to-market products and services via the Emirates NBD Future Lab™. The bank’s futuristic banking space at Emirates Towers, Dubai, showcases emerging breakthroughs in banking and payment technology including Pepper, an AI powered humanoid robot. The bank recently signed a Premier Partnership agreement with the prestigious Expo 2020 Dubai to become its official banking partner, and will offer a range of innovative financial products and services to visitors, participants and organisers of the global event.
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About Emirates NBD:
Emirates NBD is a leading banking Group in the region. As at 31st December 2017, total assets were AED 470.4 Billion, (equivalent to approx. USD 128 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 was declared the Most Innovative Financial Services Organization of the Year at the 2017 BAI Global Innovation Awards.
The bank currently has 230 branches and 1040 ATMs and SDMs 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.
The Group has operations in the UAE, Egypt, the Kingdom of Saudi Arabia, India, Singapore, the United Kingdom and representative offices in China and Indonesia.
The Group 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 #Together Limitless platform. Emirates NBD Group is an official Premier Partner of EXPO 2020 Dubai. 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
