Wednesday , January 24 2018

Emirates NBD named ‘banking company of year’

Dubai / Emirates Business

Emirates NBD, a leading bank in the region, took home the title of ‘Banking Company of the Year’ at the annual Gulf Business Awards. Recognised for its strong financial performance and continued commitment to the
digitalisation of banking services in the UAE, the bank received the prestigious honour for the second consecutive year.
Emirates NBD was awarded for its record positive financial performance in the past
year. In the first half of 2017, the bank delivered outstanding results with net profit of
AED 3.9bn, up by 5% for same period in 2016.
The bank also reinforced its position as the region’s digital banking leader with the launch of Liv., the UAE’s first digital-only banking proposition catered for millennials, FaceBanking, a video banking facility that allows elig-ible customers to talk to an advisor at any
time for banking transactions or assistance, and SkyShopper, an exclusive e-commerce platform for its customers.
The bank also recently announced a planned investment of an additional AED1bn over
the next three years to further its digital
transformation program.

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