Dubai, 04 January 2021: Emirates NBD, a number one banking group within the Center East, North Africa and Turkey (MENAT) area, right now introduced that it has been named “Financial institution of the 12 months – UAE 2020” for the sixth consecutive yr and “Financial institution of the 12 months”. – Center East 2020′ for the third time by banker. The financial institution was acknowledged for its effort within the area to answer the worldwide pandemic and its pioneering strategy to digital banking innovation.
“Emirates NBD is honored and proud to be acknowledged as ‘Financial institution of the 12 months – UAE’ for the sixth yr and ‘Financial institution of the 12 months Center East’ for the third time by a prestigious establishment like The Banker,” mentioned Hesham Abdulla Al. Qassim, Vice President and Basic Supervisor, Emirates NBD. “Our response to those unprecedented instances has been outlined by our dedication to our individuals, our prospects and the group, as now we have accomplished every little thing we are able to to assist them keep protected and meet challenges whereas guaranteeing their monetary safety and financial well-being”.
Al Qassim continued: “Our long-term concentrate on digital banking has distinguished our efforts and enabled us to stay resilient and aware of our prospects’ wants. As we glance to the longer term, we goal to proceed to help stakeholders and contribute to the nationwide effort for a sustained financial restoration.”
The financial institution was among the many first entities within the UAE to implement distant working and worker precautions, offering concrete help, together with a psychological well being helpline for workers and their dependents, throughout this troublesome time. Moreover, as a pacesetter in digital banking, the financial institution’s strong digital infrastructure has enabled it to offer uninterrupted banking providers to prospects and companies by its cellular and on-line banking channels regardless of motion restrictions and social distancing. Importantly, as a part of its management function, Emirates NBD has carried out aid measures for purchasers and enterprise prospects in a number of markets, along with contributing to group initiatives.
As well as, the financial institution continued to advance its digitization agenda by enabling prospects to open accounts immediately from their smartphones. It is Liv. Digital Life-style Financial institution is the quickest rising financial institution within the UAE. Emirates NBD Voice Banking has launched, permitting prospects to get account and card updates on their Amazon Alexa units. Moreover, Good Move, a two-factor authentication token-based transaction authorization characteristic has been prolonged to all prospects.
In November, the financial institution unveiled its next-generation world banking platform, ‘businessONLINE’, to offer company prospects with a seamless, safe and agile single-window platform to help all their banking wants, throughout geographies. The multi-entity, single-instance, group-wide platform supplies the financial institution’s shoppers with a full suite of money administration, commerce finance and liquidity options – from small and medium enterprises to giant companies and authorities establishments. Emirates NBD’s subsidiary, Emirates NBD Capital, continues to be the market chief in rising market funding banking for choose merchandise. It has been ranked primary for GCC and UAE public choices yearly since 2016.