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Tuesday, November 24 - 2009

Emirates NBD receives three awards at 2008 Global Finance Award

  • United Arab Emirates: Monday, November 10 - 2008 at 12:00
  • PRESS RELEASE

Emirates NBD, the largest banking group in the Middle East in terms of assets, has been awarded the much coveted title of 'Best Bank in the UAE 2008' by Global Finance magazine, the leading monthly financial magazine.

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  • Mr. Mohamed Wajid Kamran, Global Head Financial Institutions Division, Emirates NBD receiving the award from Global Finance Magazine, President and Publisher, Joseph D. Giarraputo.
    Mr. Mohamed Wajid Kamran, Global Head Financial Institutions Division, Emirates NBD receiving the award from Global Finance Magazine, President and Publisher, Joseph D. Giarraputo.
In addition, the Bank was also awarded the 'Best Foreign Exchange Provider in the UAE 2008' and 'Best Trade Finance Provider in the UAE 2008' in recognition of its exceptional performance.

Emirates NBD was selected as this year's best UAE bank based on key criteria such as growth in assets, profitability, strategic relationships, customer service, competitive pricing and innovative products.

The criteria for assessment also measured overall performance in the previous period, incorporating qualitative achievements and strategic initiatives.

Rick Pudner, CEO, Emirates NBD, said:

"Recognition of Emirates NBD's performance and ability to deliver world class services and products to customers, whatever their banking needs or financial climate is testament to our commitment to raising the banking benchmark in the Middle East. This award has further strengthened the bank's leadership position in the local and regional banking industry."


The prestigious awards were received by Mr. Mohamed Wajid Kamran, Global Head Financial Institutions Division, Emirates NBD at a ceremony recently held in Washington on the sidelines of the International Monetary Fund Meeting.

This year's awards ceremony was the 15th year that Global Finance magazine has selected top Banking performers in Emerging markets.

Global Finance magazine has more than 250, 000 readers in more than 158 countries and is an authoritative source of information for the finance industry leaders.
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About Emirates NBD

Emirates NBD (DFM: ENBD) is the biggest banking group in the Middle East by assets and the biggest banking group in the UAE by market capitalization. At 30th September 2008 total assets were Dhs285.3bn.

The Group has a leading retail banking franchise in the UAE, with over 115 branches and over 514 ATMs. It is a major player in the UAE corporate banking arena, with a combined market share of almost a fifth of corporate loans. It also has strong Islamic banking, investment banking, private banking, asset management and brokerage operations.

The Group has operations in the UAE, the Kingdom of Saudi Arabia, Qatar, the United Kingdom and Jersey (Channel Islands), and representative offices in India, Iran and Singapore.

For more information, please contact:

Ibrahim Sowaidan
04- 609 4113
050 653 8937

Ramy Lawand
04-201 2204
050 8420729

Claire Andrea
04-609 4143

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