Dubai – Mubasher: Emirates NBD has been ranked the ‘Strongest Bank in the UAE’ by the prestigious Asian Banker for its sound growth record and giant leaps in the digitization of banking over the past year, according to a press release on Monday
Further, the leading bank was named third ‘Strongest Bank in the Middle East’ for its exceptional financial performance along with improvements in balance sheet growth and capitalization.
"To achieve the title of the ‘Strongest Bank in the UAE’ by an internationally recognized and trusted institution such as The Asian Banker is a big honor for us. Maintaining a steady growth in the UAE and staying headstrong in the current market was the key focus for us this year. We are extremely happy that our financially sound and progressive policies have enabled us to achieve nothing short of outstanding fiscal results this year”, said Hesham Abdulla Al Qassim, Vice Chairman and Managing Director of Emirates NBD.
The Asian Banker Strongest Banks is an annual assessment of the financial and business performance of the commercial banking industry in the Asia Pacific region, ranking top performing banks in each country by strength, based on a belief that a strong bank demonstrates long-term profitability from its core businesses.
