The National Bank of Abu Dhabi (NBAD), has won prestigious awards during the Banker Middle East UAE Products Awards 2015.
NBAD received awards for Best Corporate Account, Best SME Foreign Exchange Service and Best SME Card categories. In addition, the Bank was awarded for Best Fixed Income Fund.
"At NBAD, we recognise that SME is one of the fastest growing segments in the UAE economy and supporting it is a strategic goal for the government of the UAE and Abu Dhabi Vision 2030. We look to SME clients as our partners in success and we endeavour to provide them with comprehensive financial solutions to support their business needs," said Abdulla Al Otaiba, Senior Managing Director & Group Head of Global Retail and Commercial Banking at NBAD. "We are honoured to be recognised by CPI Financial for our innovative products and services and we will continue our role to support and drive the development of this vital sector."
Organised by CPI Financial, the annual Banker Middle East UAE Product Awards are designed to recognise banking and financial products and services that are either exceptionally innovative or have witnessed excellent financial performance and/or transference of market share.
"This independent recognition reflects NBAD's excellence across different products and businesses. We are extremely pleased that investors and market observers have selected NBAD for Best Fixed Income Fund" said Rudiger von Wedel, Senior Managing Director of Global Wealth at NBAD.
He added, "Since inception, the performance of MENA Bond Fund has been unique amongst the peer group with attractive levels of income and total returns achieved at a low level of volatility. This is a testimony of our success to protect and grow value in challenging market conditions."