December 1 2011, Sharjah, UAE: United Arab Bank (UAB) has taken another major step in establishing its reputation as the fastest growing bank in the UAE after receiving 'The Bank of The Year 2011 UAE' from the Financial Times Banker Magazine. This follows the earlier receipt of the same accolade from the Global Banking & Finance Review, London.
Regarded as the industry standard for banking excellence, a Financial Times independent panel of judge's evaluated banks worldwide based on their ability to deliver shareholder returns and on a number of other criteria including Transparency, Corporate Governance, Sustainability, Innovation, and Customer Service.
Sheikh Faisal Bin Sultan Bin Salem Al Qassimi, Chairman of United Arab Bank, commented: "I am particularly delighted with the timing of the award as it coincides with the 40th anniversary of the formation of United Arab Emirates. This is our fifth award for the year, which highlights UAB's unswerving commitment to excellence, its on-going transformation, growth, and continuing success story."
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