Latest news with #EuromoneyAwardsforExcellence2025
Saraha News
6 days ago
- Business
- Saraha News
ila Bank wins ‘Best Consumer Digital Bank in Bahrain' title at Euromoney Awards for Excellence 2025
ila Bank wins 'Best Consumer Digital Bank in Bahrain' title at Euromoney Awards for Excellence 2025 Bahrain's leading digital mobile-only bank wins the prestigious award for its revolutionary business model that has changed the face of traditional retail banking. Manama, Bahrain: ila Bank, powered by Bank ABC, has been declared Best Consumer Digital Bank in Bahrain by Euromoney Awards for Excellence 2025. The award celebrates ila's phenomenal success in reimagining retail banking, placing consumers at the core of its innovative digital mobile-only proposition. The award was presented on 20 May in Dubai at a ceremony attended by the industry's leading financial institutions and experts. Commenting on the prestigious award, Mohammed Al Maraj, Group Head of Retail Banking at Bank ABC and ila Bank CEO, said, 'It is an honour to win the title of Best Consumer Digital Bank in Bahrain by a long-established awards programme like Euromoney. This recognition reinforces our commitment to continue delivering superior digital banking experiences, while promoting further financial inclusion in Bahrain and the wider region. We take great pride in providing fast, convenient, and personalised consumer banking solutions that greatly enrich our customers' lifestyles. I thank Euromoney for this esteemed award, our customers for their faith in our capabilities, and the Board and leadership at Bank ABC for their unwavering guidance and support. I remain grateful to the ila team for their relentless efforts in making ila a household name that is renowned for 'banking that reflects you'.' ila's unique banking proposition has made a positive impact since its launch in 2019. By offering intuitive, seamless digital banking products and services, ila has successfully eliminated customer pain points in managing and taking control of their finances. The Bank's customer-centric approach has enabled it to drive exceptional growth through personalised product offerings, communications and never-before benefits and privileges that drive customer trust and engagement. ila's continued success is reflected in its year-on-year growth across key metrics. ila Bank has been expanding its footprint across the region to bring its digital-first banking proposition to underserved markets, thereby spurring financial inclusion and redefining consumer banking experiences in MENA. Further expansion plans are well underway. By leveraging innovative technology, data analytics and simply listening to what customers require, ila Bank has fundamentally reshaped conventional banking as well as Islamic Banking through alburaq. Its innovative proposition comprises rapid onboarding, multi-currency accounts, easy payments and transfers, convenient savings tools like Al Kanz, Hassala and Jamiyah, Government Securities investment solution amongst an extensive product suite. The Best Digital Bank in Bahrain award is one of four titles swept by Bank ABC Group at the Euromoney Awards for Excellence 2025. The award platform recognises world-class institutions that have demonstrated innovation, leadership and positive impact in their banking propositions in the capacity of a leading
Qatar Tribune
21-05-2025
- Business
- Qatar Tribune
QNB Group sweeps Euromoney Awards 2025, bags 5 accolades
Tribune News Network Doha QNB Group has been recognized with five prestigious accolades at the Euromoney Awards for Excellence 2025, reaffirming its leadership and commitment to the values of innovation and banking excellence. QNB bagged the Middle East's Best Bank for Diversity and Inclusion, Qatar's Best Bank, Qatar's Best Digital Bank, Qatar's Best Bank for ESG and Qatar's Best Investment Bank, awarded to QNB Capital. These accolades highlight QNB's exceptional performance and strategic focus across key areas including sustainability, digital banking, inclusive workplace culture, and investment banking services, on both regional and local levels. The recognitions specifically underscore QNB's dedication to enhancing the digital banking experience through customer-centric services, cutting-edge technologies, and its commitment to delivering new seamless and innovative digital services. It is worth mentioning that QNB Capital, the investment banking arm of QNB Group, has been named 'Best Investment Bank in Qatar', in recognition of its leadership in investment banking, its commitment to excellence, and its role in shaping the financial landscape in Qatar and beyond. The awards are a testament to the Bank's continued commitment to delivering world-class financial services, advancing digital innovation, and upholding its values of inclusivity and sustainability and its leadership across multiple fronts. The Euromoney Awards for Excellence are among the most respected accolades in the global banking industry, recognizing institutions that demonstrate outstanding performance, innovation, and contribution to the development of the financial sector. QNB Group is one of the leading financial institutions in the MEA region and among the most valuable banking brands in the regional market. Present in over 28 countries across Asia, Europe, and Africa, it offers tailored products and services supported by innovation and backed by a team of over 31,000 professionals dedicated to driving banking excellence worldwide.
