NBB wins MEED MENA Banking Excellence Award for Best Retail Bank

TDT | Manama     

The Daily Tribune – www.newsofbahrain.com

The National Bank of Bahrain (NBB) has been named as the Best Retail Bank in Bahrain 2024 at the MEED (Middle East Economic Digest) MENA Banking Excellence Awards ceremony held on 8th May 2024 at Kempinski The Boulevard Dubai. Marking NBB’s third consecutive win in this coveted category, this year’s award recognises the Bank’s ongoing digital transformation efforts, empowering solutions for Bahrain’s real estate sector, and eco-friendly banking practices.

Reflecting on the achievement, Usman Ahmed, NBB’s Group Chief Executive Officer said, “Winning the MEED Award for Best Retail Bank in Bahrain for the third year running is a testament to the relentless dedication of our entire team.

This award reinforces our position at the forefront of innovation in the region, and we remain committed to constantly developing our offerings to deliver exceptional value to our customers.”

For his part, Subah Abdullatif Al Zayani, Chief Executive – Retail Banking at NBB, “We are proud to be recognised for our digital transformation efforts and our commitment to creating unique banking products and services for the Kingdom’s various customer segments. NBB is constantly striving to provide customers with the most convenient and impactful solutions.”

The MEED Awards are recognised as a benchmark for innovative excellence across the Middle East and North Africa region’s banking sector.

Emphasising the specific elements that contributed to NBB’s award win, Ed James, Head of Content & Research of the MEED MENA Banking Excellence Awards commented, “Our winner of the Best Retail Bank in Bahrain award has shown a commitment to using advanced technologies to deliver customised solutions that cater to changing customer needs.

This year, the National Bank of Bahrain stood out for its digital transformation efforts and creative financing options for Bahrain’s real estate sector.

Through product offerings such as virtual cards, instant credit and debit card issuance, seamless payment methods and initiatives to promote eco-friendly practices, NBB is clearly at the forefront of innovation.”