Sharjah, 30 December 2013 -United Arab Bank (UAB), the fastest growing bank in the Middle East, has been recognized for its achievements with two prestigious industry accolades from International Finance Magazine of the UK. United Arab Bank took ‘Best Home Finance Provider ‘and ‘Best Trade Finance Bank’ awards at the gala event held recently in Dubai.
Commenting on the accolades, Paul Trowbridge, CEO of United Arab Bank said, “These awards are an affirmation of the success of UAB’s strategic initiatives and its fundamental strengths. We are committed to achieving excellence in everything we do to be able to meet the growing demands of our customers and stakeholders. United Arab Bank played a pivotal role in reviving the real estate sector by reigniting the demand for home finance and making available more affordable solutions for borrowers in a difficult economic scenario. We pioneered the competitively-priced home financing products and continued to lead even when our peers followed.”
“Receiving the award as the Best Trade Finance Bank is testament to the seamless and standardized trade services to our corporate and SME customers in an efficient and timely manner. We provide our customers with access to facilities that enable their transactions to be carried out easily and from the convenience of their office. We have won a number of prestigious accolades for our exceptional Trade Finance offering – this award confirms our continuous efforts to remain competitive via our product propositions,” continued Trowbridge.
Howard Kitson, Executive Vice President - Wholesale & International Banking and Tony B. Graham, Executive Vice President – Retail Banking received the awards for ‘Best Trade Finance Bank’ and ‘Best Home Finance Provider,’ respectively, on behalf of the bank.
Among its unique initiatives United Arab Bank recently launched the region’s first FC Barcelona branded Credit and Debit cards and is sending hundreds of football enthusiasts on all-expenses-paid trips to Spain to watch FC Barcelona matches live.
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