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ADCB recognized by Euromoney Award for Excellence 2016

12 June 2016

ADCB recognized by Euromoney Award for Excellence 2016

ADCB wins Best Transaction Service Bank in the Middle East

EuromoneyAwardjune16


Abu Dhabi, 12 June 2016: Abu Dhabi Commercial Bank (ADCB) today announced that it has been recognized by the prestigious annual Euromoney Award for Excellence 2016. ADCB won the "Best Transaction Service Bank in the Middle East" award, which was bestowed to the Bank in acknowledgement for its excellence in Transaction Banking across the Middle East.

The Transaction Banking business in ADCB has been one of the most successful product based businesses in the wholesale bank supporting over 40,000 corporate and SME clients in the UAE across all client segments. Besides focusing on the cash management and trade management business, it has a very unique client services proposition that has been one of its key successes.

Commenting on the award, Isaac Thomas, Transaction Banking Head said: "We are privileged to have been awarded the 'Best Transaction Service Bank in the Middle East', which reflects our ambitions and our continuous efforts to provide our customers with the best transaction banking business, that goes beyond Cash Management or Trade Finance. The award is yet another reminder that motivates us to continue developing the existing services and innovate new ones that tailor to our customers' needs and requirements."

Euromoney Awards for Excellence cover more than 20 global product categories, best-in-class awards in all regions and the best banks in close to 100 countries around the world. The awards are truly meaningful to the Bank, particularly as it is common for UAE clients to bank with several major institutions for their transactional banking requirements.