Mashreq wins “Best Emerging Market Banks Middle East 2010” for UAE Category award

Published April 21st, 2010 - 07:05 GMT
Al Bawaba
Al Bawaba

Mashreq, one of the UAE's leading financial institutions won the “Best Emerging Market Banks Middle East 2010” in the UAE. The award comes as part of the Global magazine’s awards for the World’s Best Emerging Market Bank Awards 2010 recognizing bank efforts in providing world class services.

The magazine has named the "Best Emerging Market Banks in the Middle East" in an exclusive survey to be published soon. The panel of global judges included Global industry analysts, corporate executives and banking consultants selecting best emerging market bank in the region and in 13 countries. Criteria for choosing the winners included growth in assets, profitability, strategic relationships, customer service, competitive pricing, and innovative products.

H.E. Abdulaziz Al Ghurair, CEO of Mashreq said, "We are pleased to be chosen for this honorable award that comes as testament towards our efforts to constantly innovate and offer convenience to our customers. As a market leader, we sustain on our long experience in the banking industry to further enhance financial products and services. Throughout the years, Mashreq has made sure that it keeps pace with the changing environment of the market,”

This is the seventeenth year that the magazine has selected top banking performers in emerging markets. The report covers best banks in Asia, the Middle East and Africa, Latin America, and Central and Eastern Europe.

The magazine’s audience includes CEOs, Treasurers, CFOs and other Financial Officers making investments and strategic business decisions for large global companies and financial institutions.