Emirates NBD receives three prestigious awards by Global Finance

Emirates NBD was named the Best Bank in the United Arab Emirates (UAE), Best Trade Finance Provider and Best Foreign Exchange Bank for the year 2009. It is also worthy to note that Emirates NBD was ranked first on the Global Finance 10 Biggest Emerging Market Banks in the Middle East The awards were received by Mr. Mohamed Wajid Kamran, General Manager, Institutional and International Banking and Debt Capital Markets, Emirates NBD.

In an exclusive recently published survey, Global Finance editors along with industry analysts and banking consultants selected the Best Banks in Foreign Exchange, Trade Finance and the Best Banks in each country. Criteria for selecting the winners included: growth in assets, profitability, strategic relationships, customer service, pricing and innovative products.

Rick Pudner, CEO, Emirates NBD, said:

"These awards reinforce Emirates NBD's leadership position in the market and serve as a morale-booster to our loyal customers and members of staff who made this achievement a reality. The Global Finance Awards are internationally recognized as the most credible awards in the industry, and winning these awards represents the ultimate acknowledgment of our leadership in the UAE banking sector."

The criteria for the assessment of the best bank award measures overall performance in the previous period, incorporating performance criteria, qualitative achievements and strategic initiatives.

The Global Finance awards follow several awards received by Emirates NBD to date this year including: Mohamed bin Rashid Al Maktoum Business Award for Finance and Best Retail Bank by The Banker Magazine.