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Monday, November 23 - 2009

National Bank of Dubai wins top Euromoney award

  • United Arab Emirates: Saturday, February 11 - 2006 at 13:04
  • PRESS RELEASE

The Private Office, National Bank of Dubai's private banking service, has been named the Best Private Bank in the UAE by Euromoney magazine, the leading monthly magazine of international banking and capital markets.

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  • The Private Office awarded best private bank in the UAE
    The Private Office awarded best private bank in the UAE
Attended by representatives from leading banks and financial institutions around the world, the Euromoney awards ceremony was recently held at the Natural History Museum in London on 2nd February 2006. Faranak Foroughi, Head of Private Banking at National Bank of Dubai, received the Best Private Bank in the UAE Award on behalf of NBD. The award was presented to NBD by Michael Portillo, former British Politician as well as Clive Horwood, Editor for Euromoney.

"We are extremely delighted to receive such an esteemed award from Euromoney," stated Mrs. Foroughi of National Bank of Dubai. "We are proud to be recognized for our expertise, achievements and commitment to the regional wealth management market. We remain committed to providing high-quality tailored wealth management advice and service excellence to our clients."

The Euromoney Private Banking Survey has been designed to provide a qualitative and quantitative review of the best services in private banking and is conducted in the form of a questionnaire completed by industry peers as well as the private banks themselves. The survey, which has been conducted by Euromoney for the past 3 years, acknowledges those banks with superior performance, outstanding service levels and innovative solutions.

In the past three years, The Private Office has been placed among the top five private banks in the UAE. "It is a great achievement to be recognized by our clients and industry peers alike and we will continue to deliver results that seek to maintain our position as the leading wealth management provider in the UAE" added Mrs. Foroughi.
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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

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