The awards will be distributed at the SIBOS conference – the world’s premier financial services event – which will take place next Sept. in Dubai. According to an exclusive survey published by the magazine, ADCB has been named the ‘Best Bank in Payments and Collections’ in the Middle East region and the ‘Best Bank in Trade Finance’ in the UAE. The survey evaluates banks in 83 countries and regions, based on their transaction volume, scope of global coverage, customer service, competitive pricing and innovative technologies. In addition, the magazine has incorporated corporate readership in this year’s poll to increase the accuracy and reliability of results. On the occasion, Colin Fraser, Head – Wholesale Banking Group, ADCB said: “Our team at ADCB is delighted to receive these accolades from Global Finance, which is a leading financial publication. Winning not one, but two prestigious awards highlights the success of ADCB’s long-term strategy to be a market leader in transaction banking services and our ability to compete with some of the world’s leading banks in this sphere.”
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