Emirates Development Bank has been named the ‘MENA SME Bank of the Year’ at the MEED Banking Excellence Awards.
The award recognises the leading SME banks in the Middle East and North Africa region, acknowledging the banks that demonstrate excellence in providing innovative and effective financing solutions to SMEs.
Winners are selected following a rigorous evaluation of various parameters, including the bank’s financial performance, product and service offerings, customer satisfaction, and contribution to the development of the SME sector in the region.
Ahmed Mohamed Al Naqbi, Chief Executive Officer at Emirates Development Bank said: “We are honoured to have been recognized as MENA SME Bank of the Year. We exist to help businesses thrive in the UAE, for all of our benefit. Our success in the SME market is driven by our ability to innovate and offer meaningful solutions that cater to the needs of businesses and address the challenges they may face. We aim to ensure flexible, smooth access to finance for SMEs and corporates, and will continue delivering excellence in customer service, with an increasing range of digital-first products and simplified loan application processes.”
