Emirates NBD, a leading bank in the region, took house the title of 'Bank of the Year' at the annual Gulf Business Awards. Acknowledged for its solid financial performance and continued dedication to the digitalisation of banking services in the UAE, the bank got the distinguished honour for the second consecutive year.
Emirates NBD was awarded for its record positive financial performance in the past year. In the first fifty percent of 2017, the bank provided outstanding outcomes with internet revenue of AED 3.9 billion, up by 5% for the very same period in 2016. The bank additionally enhanced its placement as the region's digital banking leader with the launch of Liv., the UAE's first digital-only banking proposition provided for millennials, FaceBanking, a video banking facility that permits eligible customers to talk to an expert any time for banking deals or assistance, and SkyShopper, an unique shopping platform for its customers. The bank additionally recently introduced a planned financial investment of an additional AED 1 billion over the next three years to further its digital transformation program.
Talking about the win, Shayne Nelson, Group CEO of Emirates NBD said: "In the face of economic unpredictability, Emirates NBD has actually supplied a record financial performance in the first half of 2017. With major investment alloted towards our digital banking services, we have actually prospered in differentiating ourselves from our rivals and using customers an absolutely remarkable banking experience. We want to give thanks to Gulf Business for acknowledging Emirates NBD's success for the second year in a row, and will certainly remain to innovate and expand to preserve our leading placement in the years in advance."
Hosted by Gulf Business, the Gulf Business Awards are judged by an independent panel and public voting, and commemorate excellence in the business world, identifying business and magnate across 9 sectors. Seen below in the picture is Shayne Nelson, Group Chief Executive Officer of Emirates NBD, approving the award at the ceremony which happened at Fairmont The Palm hotel.