PHOTO
Dubai: Emirates NBD, a leading financial institution in the Middle East has been adjudged ‘The Innovator’ in the Middle East at the Global Finance World’s Best Consumer Digital Banks in the ME Awards 2018 held in Dubai last month.
The bank was also recognised as the ‘Best Consumer Digital Bank’ as well as offering the ‘Best Integrated Consumer Banking Site’, in the Middle East and in the UAE, in view of its market-leading digital innovations designed to deliver seamless and hassle-free banking experiences to its customers.
Further, Emirates NBD also won the ‘Innovator Award for Paperless Personal Loan’ application enabling customers to sign up for a loan, either through tablets or at the branch, without providing or signing a single piece of paper. Three out of four personal loan applications approved by the bank are today completely paperless with customers also able to sign up for a new account, credit card or an investment portfolio fully digitally.
Last but not the least, Liv., the mobile only bank by Emirates NBD for millennials was adjudged the ‘Most Innovative Digital Bank in the UAE’ for its lifestyle centred offering that has made it the bank of choice for the younger generation, and the fastest growing bank in the country today.
Commenting on the win, Suvo Sarkar, Senior EVP & Group Head – Retail Banking and Wealth Management, Emirates NBD said, “Innovation in the digital space has been one of the key reasons for our success in attracting new customers, who today demand banking services that are designed to fit their busy lives. We are delighted with the recognition of our efforts by Global Finance and will continue to leverage our digital expertise to offer customers future-ready banking solutions.”
A front-runner in digital banking innovation, Emirates NBD has undertaken numerous initiatives as part of its transformation to become a more digitally focused financial institution by consciously cultivating an environment of innovation. The bank will soon make available Chat Banking via WhatsApp in the UAE, allowing customers to carry out daily banking activities through the popular messaging platform.
-Ends-
About Emirates NBD:
Emirates NBD is a leading banking Group in the region. As at 30th September 2018, total assets were AED 492.6 Billion, (equivalent to approx. USD 134 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 227 branches and 1058 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, the Kingdom of Saudi Arabia, Egypt, 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 #TogetherLimitless 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
ASDA’A Burson-Marsteller; Dubai, UAE
Tel: 971-4-4507600; Fax: 971-4-4358040
Email: tricia.kaul@bm.com
Disclaimer: The contents of this press release was provided from an external third party provider. This website is not responsible for, and does not control, such external content. This content is provided on an “as is” and “as available” basis and has not been edited in any way. Neither this website nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this press release.
The press release is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Neither this website nor our affiliates shall be liable for any errors or inaccuracies in the content, or for any actions taken by you in reliance thereon. You expressly agree that your use of the information within this article is at your sole risk.
To the fullest extent permitted by applicable law, this website, its parent company, its subsidiaries, its affiliates and the respective shareholders, directors, officers, employees, agents, advertisers, content providers and licensors will not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive or exemplary damages, including without limitation, lost profits, lost savings and lost revenues, whether in negligence, tort, contract or any other theory of liability, even if the parties have been advised of the possibility or could have foreseen any such damages.
