ADIB Receives Awards By The Banker Magazine And Global Finance Magazine

Abu Dhabi – Abu Dhabi Islamic Bank (ADIB), a top-tier Islamic financial services institution,has been named “Best Bank in the UAE”atThe Banker 2014 awards, in recognition of itsfinancial performance, the growth of its assets and the expansion of its customer base to a mainstream market.

The Banker awards are held annually in London (where The Banker, a Financial Times publication, is based) and are presented at a gala dinner attended by CEOs and senior representatives of a myriad of international banks. 145 banks are celebrated as The Banker crowns the global Bank of the Year, and recognises regional winners from around the world.This is the first time ADIB has been recognised as best bank in both Islamic finance and conventional banking categories.The award also recognised the increase in ADIB’s customer base, which was enhanced by its acquisition of Barclays Bank’s retail assets earlier in the year, as well as its leading position for customer service.

The bank has also been named the “World’s Best Islamic Bank” for the second year running, at the Global Finance Magazine awards held in Washington, DC, based on its continuous growth in assets and revenues, as well as for successfully meeting its customers’ needs for innovative products and easy to access services.

Commenting on ADIB’sawards, Tirad Al-Mahmoud, CEO of ADIB said: “It is of course an honour to be named the “Best Bank in the UAE” by The Banker and the world’s “Best Islamic Retail Bank” by Global Finance Magazine. Theyunderline the efforts and commitment of all of our people towards making us the best, and reflect the exceptional year we have had.But winning an award says something else to our customers and our staff. It means that we are being compared at a global level, and for a bank such as ADIB with global aspirations it gives us encouragement for the work we are doing and tells us that the standards we are meeting is up there with the very best, worldwide.