Excellence Awards 2017 - Best Trade Bank in the Middle East: Abu Dhabi Commercial Bank

Awards | 1 August 2017

Middle East

Abu Dhabi Commercial Bank (ADCB) has taken the award for Best Trade Bank in the Middle East for the first time in the TFR Excellence in Trade Awards.

The bank fought off stiff competition from previous winners HSBC and Citi, securing the popular vote in a region covered by some of the world's biggest banks.

A local bank with big relationships, ADCB is able to offer clients access to local and international finance - a key requirement given that the majority of the bank's business is done in the United Arab Emirates.

Despite its focus on the UAE (the bank was established in the country in 1985), ADCB offers a full suite of trade services comparable to larger financial institutions, and with a substantial balance sheet, is able to finance small and large trade deals.

ADCB has also been making forward strides in digitising its services with the launch of its first 'uBank' (a digital banking centre) in Abu Dhabi in February 2017.

Runners up: HSBC and Citi (11 banks were nominated).

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