NBD, the leading Bank in the region, won the “Best Trade Finance Bank in the UAE” award for 2011 from Global Finance magazine, a monthly magazine headquartered in New York.
Naushad Kermalli, Chairman of the Board of Directors of ETFS, a subsidiary of Emirates NBD which provides fully integrated and customized solutions that cater for all trade finance products and services said: “This is a great accomplishment, It evidences our unswerving commitment to excellence at ETFS combined with the Emirates NBD drive to use technology to offer leading-edge services continues to pay off, which is the way to move forward”.
Global Finance Magazine editors with input from industry analysts, corporate executives and technology experts selected the best trade finance banks in 71 countries or regions. Criteria for choosing the winners included: transaction volume, scope of global coverage, customer service, competitive pricing and innovative technologies.
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