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National Bank of Dubai recognized as Best Foreign Exchange Bank in UAE

Recognized as the bank with a performance that is second-to-none, the National Bank of Dubai was recently presented the Best Foreign Exchange Bank Award for 2006 by Global Finance: The leading monthly financial magazine.

  • United Arab Emirates: Monday, January 23 - 2006 at 13:28
  • PRESS RELEASE


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Competing with other banks throughout the UAE, the National Bank of Dubai was selected as this year's best financial institution, based on key criteria such as transaction volume, market share, scope of global coverage, customer service, competitive pricing and innovative technologies.

'Since the bank's inception over 40 years ago, we have aimed to provide our customers with the best range of products and services,' said R. Douglas Dowie, CEO, National Bank of Dubai.

'This award is testament to our ongoing commitment and dedication to position NBD as the leading bank throughout the United Arab Emirates.'



Dowie continued to express his gratitude, stating that the bank's success is a direct result of the close relation it has with its customers.

Award winners from 71 countries were selected based on input from several leading industry analysts, corporate executives and technology experts.

Global Finance magazine has over 50,000 subscribers and more than 250,000 readers in over 150 countries worldwide.

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Notes and media contacts

About National Bank of Dubai
Founded in 1963, the National Bank of Dubai is the oldest, locally incorporated bank in the Southern Gulf. Recognized as the bank with a performance that is second-to-none, NBD has built a reputation of stability and strength much appreciated by shareholders and customers alike.

Offering diversified financial services, NBD is a leader in corporate banking. Its portfolio covers a wide range of services including transport, real estate, construction, manufacturing, tourism and service industries throughout the region. In addition, NBD's 'Private Office' provides private banking services, offering highly tailored solutions to preserve and protect the personal wealth of its customers. Along with supplying customers with a variety of exclusive service based products, secured facilities, Credit Cards, personal loans, , auto loans and home loans, the National Bank of Dubai also offers a variety of treasury products and services, advising customers on exchange markets and interest rate outlook. NBD, also recently launched Suhail Priority Banking Services, a premier banking service offering customers personalized relationship management and a host of exclusive products and services. Furthermore, NBD presents their customers with automated banking services, which consist of an internet service (NBD Online), a telebanking facility (NBD Telebank), and an SMS based service (NBD Mobile). With a comprehensive card portfolio that provides an array of benefits, the National Bank of Dubai has, over the years, built a wide ATM network as well as Point of Sale terminals in select locations throughout the UAE.

The National Bank of Dubai currently has an extensive branch network that includes 39 branches throughout the UAE. In addition, NBD also has a branch in London and a representative office in Tehran.

Press release issued on behalf of the National Bank of Dubai by Hill & Knowlton, Dubai.
For further media information please contact:
Nada Lotfy
Tel: +971 4 3344930
Fax: +971 4 3344930
Anne-Birte Stensgaard Posted by Anne-Birte Stensgaard, Senior News Editor
Monday, January 23 - 2006 at 13:28 UAE local time (GMT+4)

Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of AME Info FZ LLC / Emap Limited.

This Article was updated on Wednesday, March 28 - 2007


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