Emirates NBD wins ‘Best Corporate Card’ award for second consecutive year

Press release
Published June 11th, 2013 - 12:21 GMT

Al Bawaba
Al Bawaba

Emirates NBD, a leading bank in the region, announced today that it has won the ‘Best Corporate Card’ award at the Smart Card Awards Middle East 2013, for the second consecutive year, further building on its success as best corporate card provider for 2012. The award recognises Emirates NBD Corporate Card for its distinctive expense management features and the control and savings capability it offers corporate customers.

“As a leading cards provider in both retail and corporate space, Emirates NBD is proud to be recognised for its corporate card solutions for the second consecutive year,” said Suvo Sarkar, General Manager – Retail Banking, Emirates NBD. “In today’s highly challenging and competitive business environment, companies need access to comprehensive information to better manage and control their expenses. Our Visa Corporate Card offers enhanced reporting and spending information enabling corporate clients to centrally manage travel and procurement-related costs,” he added.

Emirates NBD’s Commercial Payment Solutions programme provides a comprehensive suite of integrated solutions that offer end-to-end payment and travel-related services to corporate businesses. The award winning Corporate Card enables employers to keep track of spends and ensure policy compliance, leading to savings for the company, while allowing employees a secure and convenient way to spend while travelling.

“Emirates NBD Commercial Payment Solutions programme is one of the most advanced in the region and offers end-to-end services to corporate clients of all sizes,” said Marcello Baricordi, General Manager - UAE, Visa Inc. “We congratulate Emirates NBD for its success in winning the ‘Best Corporate Card’ for the second year in a row, and look foreward to many more such success stories, as our teams collaborate to come up with the most innovative products and solutions.”

The Emirates NBD Corporate Card is also bundled with Visa IntelliLink Spend Management solution that provides extensive reporting and expense management capabilities for organizations of all sizes on a single, web-based platform. It also offers global functionality with multiple languages and currency support at the local level. The detailed and comprehensive data provided enables corporate clients to make informed decisions for better expense control.

Emirates NBD’s Corporate Card is also equipped with CLWI - Corporate Liability Waiver Insurance, which protects the corporate client against eligible losses that might be incurred through card misuse. Limits on spend can be assigned, thus reducing unnecessary risk and exposure.

With free access to over 55 international airport lounges, the Emirates NBD Corporate Card is accepted across the world at around 22 million outlets, and over 1.8 million ATMs worldwide.

Background Information

Emirates NBD

Emirates NBD, the leading banking group in the region, was formed on 19 June 1963, when H.H. Late Sheikh Rashid bin Saeed Al Maktoum signed the Charter of Incorporation of the National Bank of Dubai (NBD) which became the first National Bank established in Dubai and the United Arab Emirates (UAE). With the blessings of H.H. Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, NBD merged with Emirates Bank International (EBI) on 06 March 2007, to form Emirates NBD, the largest banking group in the region by assets. On 16 October 2007, the shares of Emirates NBD were officially listed on the Dubai Financial Market (DFM). The merger between EBI and NBD to create Emirates NBD, became a regional consolidation blueprint for the banking and finance sector as it combined the second and fourth largest banks in the UAE to form a banking champion capable of delivering enhanced value across corporate, retail, private, Islamic and investment banking throughout the region.

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