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NBB Named Best Bank in Bahrain at Euromoney Awards for Excellence 2025
NBB Named Best Bank in Bahrain at Euromoney Awards for Excellence 2025

Al Bawaba

time29-05-2025

  • Business
  • Al Bawaba

NBB Named Best Bank in Bahrain at Euromoney Awards for Excellence 2025

The National Bank of Bahrain (NBB) has been named Best Bank in Bahrain at the 2025 Euromoney Awards for Excellence for its standout financial performance, digital transformation initiatives and customer centric approach throughout the past year. The Bank was also honoured as Best Bank for ESG and Best Bank for Corporate Responsibility, reaffirming its role as a national leader in responsible banking and meaningful community on the occasion, Usman Ahmed, Group Chief Executive Officer of NBB stated, 'The recognition as Bahrain's Best Bank is the result of a focused strategy, with execution rooted in robust governance, innovation-led banking, and a pledge to contribute to national development. We continue to build on our legacy by enhancing client offerings through digitalisation, integrating sustainability into our business at every level and expanding regionally. These awards reflect the collective efforts of our team, who remain passionate about pursuing excellence across all aspects of the NBB Group's operations."For his part, Ben Naylor, Global Head of Research at Euromoney, remarked, 'NBB achieved strong growth with a 7% rise in assets and 11% increase in profits. The Bank advanced its digital transformation agenda, expanded sustainably, and launched Bahrain's first Bitcoin-linked investment product. Strategic execution boosted lending by 16%, while its continued emphasis on sustainability and innovation is helping reshape Bahrain's banking sector. NBB's diverse initiatives encompass CSR, employee engagement, and community support. In 2024, the Bank backed vulnerable groups, supported youth sports and education, launched a donations fund for urgent needs, and led notable environmental efforts. They also inaugurated a LEED Platinum-certified branch, launched a new Sustainable Management Committee, and recorded major energy and emissions reductions, demonstrating a firm commitment to ESG principles. These efforts were complemented with the financing of key social infrastructure, leading Bahrain's first sustainability-linked interest rate swap, advancing sustainable finance and governance standards.'The Bank's innovation-driven ethos remained a defining strength throughout the year, with an 84% increase in newly onboarded retail customers via digital channels and a 23% increase in digitally registered users. NBB launched a host of solutions that serve the dynamic needs of its business as well as consumer banking expanding its consumer banking proposition to cater to younger customer demographics, the Bank introduced the Yalla Family Account. The product is offered as part of the NBB Digital Banking app to instil responsible spending habits among the youth, while allowing parents to onboard their children and manage their accounts directly through the digital ahead of the trends shaping global financial markets, NBB also introduced the GCC's first Bitcoin-linked structured investment product. The offering is designed for accredited investors and provides them with capital-protected exposure to Bitcoin's performance, thereby marking a pioneering investment solution that combines innovation with risk its business clientele, the Bank delivered DigiCorp, a revamped corporate banking platform that offers secure and efficient financial management. Complementing DigiCorp were DigiConnect, a new host-to-host integration solution designed to streamline payment and reconciliation processes for large corporates, and the Enterprise Liquidity Management Solution (eLMS), which helps clients optimise balances, pool funds from different accounts, and manage daily liquidity. Additionally, NBB Go, Bahrain's first SoftPOS (Software Point-of-Sale) solution, enabled small merchants to use their NFC-enabled Android smartphones to securely accept payments. Together, these three Euromoney Awards for Excellence further reinforce NBB's purpose-driven vision that is redefining modern banking and reinforce its position as Bahrain's leading financial institution.

SAB named ‘best bank in Saudi Arabia' for sixth year in row
SAB named ‘best bank in Saudi Arabia' for sixth year in row

Arab News

time12-05-2025

  • Business
  • Arab News

SAB named ‘best bank in Saudi Arabia' for sixth year in row

Saudi Awwal Bank has been recognized as the 'Best Bank in Saudi Arabia for 2025' by Global Finance magazine, for the sixth consecutive year. This prestigious accolade highlights SAB's leadership in the Saudi banking sector and reaffirms its ongoing commitment to delivering innovative financial services that meet the evolving needs of its customers while supporting the ambitious goals of Vision 2030. This recognition is a testament to the confidence the financial sector places in SAB. Over the past years, the bank has solidified its position as a high-performing financial institution through continuous growth in assets and profitability, expanding its customer base, and adopting cutting-edge financial technologies that enhance the customer experience. SAB was selected for this award by a panel of international financial experts, who based their decision on a comprehensive set of criteria, including financial performance, business growth, service quality, digital transformation initiatives, risk management practices, and sustainability strategies. Tony Cripps, managing director and CEO of SAB, said: 'This recognition is a testament to the dedication, commitment, and hard work of all our employees in delivering the best banking experience for our customers. It also underscores our ability to adapt to the rapid transformations taking place in the financial sector and reflects our success in implementing a strategy focused on customer-centricity and sustainable innovation.' He added: 'We remain committed to continuously enhancing and evolving our financial services to create a holistic banking experience that empowers our customers to achieve their goals, while also strengthening our contribution to the growth of the Saudi economy.' SAB continues to reinforce its position as a leading financial institution through its adoption of the latest banking technologies. Guided by a strategy aligned with national economic priorities and social responsibility, the bank plays a vital role in driving development and empowering the financial sector in the Kingdom.

Wintrust Recognized with 14 Coalition Greenwich Best Bank Awards in Middle Market Banking
Wintrust Recognized with 14 Coalition Greenwich Best Bank Awards in Middle Market Banking

Yahoo

time12-03-2025

  • Business
  • Yahoo

Wintrust Recognized with 14 Coalition Greenwich Best Bank Awards in Middle Market Banking

ROSEMONT, Ill., March 12, 2025 (GLOBE NEWSWIRE) -- Wintrust Financial Corporation (Nasdaq: WTFC) has been awarded 14 Coalition Greenwich Best Bank Awards for Middle Market Banking by Crisil Coalition Greenwich, marking the company's 10th consecutive year of recognition. This achievement represents the highest number of Coalition Greenwich awards ever earned by Wintrust, including 10 national awards and four regional awards in the Midwest. These prestigious awards are based on interviews with over 25,000 executives nationwide, evaluating over 500 financial institutions on key performance metrics such as customer satisfaction, trust, and product capabilities. Wintrust's 2025 Coalition Greenwich Recognition:National Awards: Best Bank – Values Long-Term RelationshipsBest Bank – Customer ServiceBest Bank – Satisfaction with RMBest Bank – Satisfaction in Cash ManagementBest Bank – Overall SatisfactionBest Bank – Ease of Making PaymentsBest Bank – Likelihood to RecommendBest Bank – Ease of Doing BusinessBest Bank – Product Capabilities in Cash ManagementBest Bank – Trust Regional (Midwest) Awards: Best Bank – Satisfaction in Cash ManagementBest Bank – Likelihood to RecommendBest Bank – Overall SatisfactionBest Bank – Satisfaction with RM Wintrust's Treasury Management services were notably recognized, earning three awards in Cash Management at both national and regional levels. The company also received the distinguished Best Bank – Overall Satisfaction award in both categories, demonstrating its strong client relationships and commitment to excellence. 'I am so proud of our 14 Coalition Greenwich Best Bank awards, a new record for Wintrust,' said Paul Carlisle, chief operating officer and market head of Wintrust Commercial Banking. 'This accomplishment reflects all Wintrust employees' dedication to excellent client service. Our value proposition for commercial clients has always been the products, capabilities, and expertise of a big bank combined with the high-quality service, personal integrity, and relationship focus of a true community bank. These Best Bank awards demonstrate that we 'walk the talk' in the eyes of our customers.' This recognition reaffirms Wintrust's dedication to delivering superior banking experiences for middle-market businesses. The company remains committed to providing innovative financial solutions, high-touch relationship management, and a community-focused approach that sets it apart from competitors. The Coalition Greenwich 2025 Best Bank Awards add to a growing list of industry accolades for Wintrust, including: 2024 Top Workplaces USA by USA TODAY The Chicago Tribune Top Workplaces Award for the eighth consecutive year Wintrust Community Banks ranked highest for Retail Banking Customer Satisfaction in Illinois in the J.D. Power 2024 U.S. Retail Banking Satisfaction Study for the third consecutive year1 These achievements reflect Wintrust's commitment to delivering outstanding service to its clients and fostering a strong workplace culture. For more information about Wintrust and its commercial banking services, please visit About WintrustWintrust is a financial holding company with $64.9 billion in assets whose common stock is traded on the NASDAQ Global Select Market. Guided by its 'Different Approach, Better Results®' philosophy, Wintrust offers the sophisticated resources of a large bank while providing a community banking experience to each customer. Wintrust operates more than 200 retail banking locations through 16 community bank subsidiaries in the greater Chicago, southern Wisconsin, west Michigan, northwest Indiana, and southwest Florida market areas. In addition, Wintrust operates various non-bank business units, providing residential mortgage origination, wealth management, commercial and life insurance premium financing, short-term accounts receivable financing/outsourced administrative services to the temporary staffing services industry, and qualified intermediary services for tax-deferred exchanges. For more information, please visit 1. J.D. Power. Wintrust Community Banks received the highest score in Illinois in the J.D. Power 2022 – 2024 U.S. Retail Banking Satisfaction Study of customers' satisfaction with their primary bank. Visit for more details. FOR MORE INFORMATION CONTACT: Timothy S. Crane, President & Chief Executive OfficerDavid A. Dykstra, Vice Chair & Chief Operating Officer 847-939-9000 Web site address: in to access your portfolio

Synovus wins 15 Best Bank awards from Coalition Greenwich
Synovus wins 15 Best Bank awards from Coalition Greenwich

Yahoo

time26-02-2025

  • Business
  • Yahoo

Synovus wins 15 Best Bank awards from Coalition Greenwich

COLUMBUS, Ga., February 26, 2025--(BUSINESS WIRE)--Synovus Bank earned 15 2025 Coalition Greenwich Best Bank awards in U.S. Small Business Banking and U.S. Middle Market Banking for its performance in 2024. These awards from Crisil Coalition Greenwich, a global provider of strategic benchmarking, analytics and insights into the financial services industry, recognize exceptional service quality to small and middle market businesses. "When we put relationships first, success follows for our clients and the bank," said Synovus Chairman, CEO and President Kevin Blair. "This honor from Crisil Coalition Greenwich reinforces the trust we've built with clients and inspires us to act bolder in delivering exceptional value to them." Now consolidated and renamed as Best Bank awards for 2025, the awards continue to recognize the bank's ongoing excellence and performance in middle market and small business banking. To determine the winners, Crisil Coalition Greenwich evaluated more than 500 banks and interviewed thousands of executives of small businesses with sales of $1-$10 million and middle-market firms with sales of $10-$500 million across the country and measured institutions across a series of qualitative metrics. The Best Bank awards set the gold standard for the industry as defined by superior weighted-average scores that measure the quality of service and products by providers. Coalition Greenwich Best Bank Award – Small Business Banking in the U.S.:Best Bank – Values Long-Term RelationshipsBest Bank – Customer ServiceBest Bank – Satisfaction with Relationship ManagersBest Bank – Ease of Making PaymentsBest Bank – Ease of Doing BusinessBest Bank – Product Capabilities in Cash ManagementBest Bank – TrustBest Bank – Satisfaction with Relationship Managers (South) Coalition Greenwich Best Bank Award – Middle Market Banking in the U.S.: Best Bank – Values Long-Term Relationships Best Bank – Satisfaction with Relationship Managers Best Bank – Overall Satisfaction Best Bank – Ease of Making Payments Best Bank – Ease of Doing Business Best Bank – Trust Best Bank – Satisfaction with Relationship Managers (South) Synovus Bank, a Georgia-chartered, FDIC-insured bank, provides commercial and consumer banking in addition to a full suite of specialized products and services, including wealth services, treasury management, mortgage services, premium finance, asset-based lending, structured lending, capital markets and international banking. Synovus has branches in Georgia, Alabama, Florida, South Carolina and Tennessee. Synovus is a Great Place to Work-Certified Company. Learn more about Synovus at View source version on Contacts Audria Beltonmedia@

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