Abu Dhabi Commercial Bank (ADCB) recently won the Banker Middle East Product Awards 2010 for its BusinessEdge suite of products.
At a prestigious ceremony attended by a number of regional and international bankers at the Jumierah Emirates Towers in Dubai, ADCB’s CEO, Ala’a Eraiqat, said “Winning this accolade urges us to build on our positive performance and to launch further value proppositions across the business, cemeting the premiership, excellence and reputation ADCB enjoys today.”
ADCB is a full-service commerical bank, owned 64.8% by the Abu Dhabi Government through Abu Dhabi Investment Council. Its shares are traded on the Abu Dhabi Securities Market in Abu Dhabi. It has won the Silver class category of The Sheikh Khalifa Excellence Award (SKEA) for the finance sector and was name “Best Retail Bank in the UAE & GCC 2009″ by The Asian Banker Magazine.
THe SME Banking division ofers a wide-array of financial products under the brand of “BusinessEdge”. The products cover the entire spectrum of solutions across transaction accounts, trade finance and financing products. It alsooffers a range of lending products. All the SME products are also available under ADCB Meethaq – a Shari’ah compliant banking solution.