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Fujairah / Gulf Time
National Bank of Fujairah announced on Wednesday that it won the coveted award “Best Bank in Terms of Digital Banking Services for the year 2021†from the World Union of Arab Bankers (WUAB) for the NBFX Platform.
Earlier this year, NBF launched its electronic trading platform NBFX, expanding its digital offerings to include a bespoke digital experience for customers to manage and hedge their treasury requirements in both conventional and Shariah-compliant methods.
Commenting on winning this prestigious award, Vince Cook NBF’s CEO, said: “As one of the preferred financial partners for businesses and customers in the UAE, we have built our product strategy around digitising the customer experience where it makes sense, leveraging these new technologies to enable our customers to better navigate the changing market conditions and transact in the fastest, most convenient manner. Winning this award for the launch of NBFX platform is a further testament to these ongoing efforts.â€
The Arab Banks Awards & Commendations of Excellence event, held by the WUAB, recognises and celebrates the achievements of banks and financial institutions that stand out in terms of innovation and excellence.
The WUAB is a prestigious Arab forum of more than 500 bankers from the region and around the world, offering a platform for communication, networking, and knowledge exchange for professionals of the banking industry.