Emirates NBD Celebrates Success with Eight Awards at the 2025 Euromoney Awards for Excellence

The Emirates NBD Group, a banking organization in the Middle East, North Africa, and Türkiye, recently received eight accolades at the Euromoney Middle East Awards for Excellence 2025, marking a year of remarkable achievements and surpassing its own record from 2024.

This year's awards included the prestigious "Middle East's Best Bank", reflecting Emirates NBD's significant growth and exceptional financial performance. The bank reported a 7% increase in net profit, reaching DHS23 billion, and demonstrated a notable expansion in its international operations, which now generate 31% of its total income.

In 2024, Emirates NBD took significant strides in sustainable finance, a move that was celebrated with two specific awards at the Euromoney Awards: "Middle East's Best Bank for ESG" and "Middle East's Best ESG Deal 2025".

The bank issued the world's inaugural sustainability-linked loan financing bond, in line with the latest guidelines from the International Capital Market Association and Loan Market Association, raising $500 million. Additionally, Emirates NBD launched its first sustainable fixed deposit, attracting $100 million in inflows.

Its global investment banking arm, Emirates NBD Capital, facilitated over $34 billion in sustainable finance, establishing itself as a key player in emerging market ESG-labelled bonds.

The bank's dedication to supporting small and medium-sized enterprises (SMEs) and enhancing digital innovation earned it the title of "Middle East's Best Bank for SMEs". The SME sector saw an 11% increase in revenue, highlighting Emirates NBD's commitment to fostering entrepreneurship and economic diversification.

In 2024, the bank achieved a significant milestone where approximately 80% of all new SME accounts were opened digitally, showcasing the bank's effective digital transformation strategy.

Emirates NBD also excelled in customer service, winning "Middle East's Best Bank for Customer Experience". Over the past 18 months, the bank implemented a comprehensive customer experience overhaul, integrating improvements across all operational, cultural, and technological levels.

The bank's accomplishments extended to national recognition, securing three awards that underscored its dominance in the UAE's banking sector: "UAE's Best Bank", "UAE's Best Bank for ESG", and "UAE's Best Investment Bank for Equity Capital Markets (ECM) 2025".

Emirates NBD demonstrated a robust asset growth of 16%, with new loans amounting to DHS 160 billion ($43.6 billion) and maintaining a significant market share in UAE credit cards.

Furthermore, its investment banking division, Emirates NBD Capital, played a pivotal role in several high-profile IPOs, including the largest grocery retail IPO in MENA for Lulu Retail and the Spinneys IPO, signifying the bank's influence in attracting diverse investor interest.

Shayne Nelson, Group Chief Executive Officer at Emirates NBD, stated, "We are delighted to win eight awards this year at the Euromoney Awards for Excellence. Emirates NBD continues to perform and transform as one of the UAE's largest banks and the most profitable financial institution in the region."

He emphasized the bank's dedication to enhancing customer relationships through immersive experiences and its commitment to sustainability, highlighting its position as a leader in banking innovation both in the UAE and the broader region.