Bank ABC which is chaired by H.E. Mr. Seddiq Omar Al-Kabeer, is pleased to announce that Bank ABC has won two major titles at the MENA Banking Excellence Awards 2022, organized by MEED (Middle East Economic Digest). The Bank was awarded “Best Digital Banking Initiative” in recognition of its ambitious Group Digital Transformation Programme, and Bank ABC Islamic was named “MENA Islamic Finance Bank of the Year” for its outstanding performance and notable regional expansion.
Commenting on the awards, the Deputy Group CEO, Sael Al Waary said: “This remarkable recognition attests to our commitment to delivering exceptional conventional and Islamic banking products and services that continually address clients’ needs and preferences, through our digital transformation journey and MENA market penetration.”
“I am delighted to see our strategic agenda aimed at building the ‘bank of the future’ and developing a distinguished Shari’a compliant offering acknowledged by leading banking and finance industry experts. I thank the entire Bank ABC team for their tireless efforts towards enabling our vision and attaining this recognition.”
Digitization is at the heart of our Wholesale Banking strategy. Our enhanced digital capabilities have enabled us to deliver a state-of-the-art seamless experience, focused on offering client-centric Wholesale Banking and Consumer Banking products and solutions.
In response to increasing market demand, Bank ABC Islamic launched the first Islamic Finance window, “Al-Buraq”, in Algeria for corporate and retail client segments in 2021. The highly successful launch delivered encouraging customer acquisition statistics for the first year.
Established in 1957, MEED is one of the world’s leading sources of Middle East business information, news, intelligence, analysis and activities. Its MENA Bank Excellence Awards programme celebrates the best-in-class banking and financial services institutions for their innovative offering and commitment to customer excellence.
