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ADCB named "Best Commercial Bank" at the Banker Middle East Industry Awards 2011

03 July 2011

ADCB receives prestigious award at a ceremony held in Dubai

Abu Dhabi, 3 July 2011: Abu Dhabi Commercial Bank (ADCB) has been awarded the 'Best Commercial Bank' award at the prestigious Banker Middle East Industry Awards 2011. The award, which acknowledges ADCB's achievements during 2011, was competed for by banks from across the region, namely the GCC (Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, United Arab Emirates), Jordan and Lebanon.

Banker Middle East's expert judging panel initially short-listed institutions across all categories before written submissions were submitted. CPI Financial then hosted a month of voting with registered readers of Banker Middle East and Business Intelligence eligible to vote.

This award follows ADCB's recent win at the Banker Middle East Product Awards 2011 for the Best SME Account. Earlier this year, the Bank was also awarded Best Retail Bank in the UAE and GCC by the Asian Banker Awards 2010.

Mr. Howard Gaunt, Head of Business Banking at ADCB, said:

"ADCB is proud to accept the "Best Commercial Bank" award. This award demonstrates our advances in commercial banking activities, which include SME and Emerging Local Corporate businesses. 2011 has been a wonderful year for ADCB, with the Bank being recognised for its continuous efforts in providing quality services and products to our customer base. We continuously aim to provide excellent service, thus enabling us to achieve the standards and customer support needed to be considered for such esteemed awards."

Mr. Colin Fraser, Head - Wholesale Banking Group, said:

"The high profile award from Banker Middle East for ADCB demonstrates international recognition for this core business of ADCB in a highly developed and competitive market-place.

"ADCB has the second largest domestic banking franchise in the UAE and has been consistently focused on growing and supporting the SME and Emerging Local Corporate businesses. The Bank offers a complete suite of products that specifically designed to cater to the needs of businesses that are key to the health of the UAE economy."