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Emirates NBD partners with VFS Global in Kingdom
Emirates NBD partners with VFS Global in Kingdom

Arab News

time18-05-2025

  • Business
  • Arab News

Emirates NBD partners with VFS Global in Kingdom

Emirates NBD, a banking group in the Middle East, North Africa and Turkiye region, has signed a partnership agreement with VFS Global — the world's largest visa outsourcing and technology services specialist — to offer consumers across the Kingdom access to exclusive benefits. The agreement was signed by Ghassan Najmeddin, head of retail banking and wealth management, Emirates NDB KSA, and Sumanth Kapoor, business head, Saudi Arabia and Bahrain, VFS Global, in the presence of a selection of senior executives from both parties. Emirates NBD will serve as VFS Global's primary banking partner in the Kingdom and will leverage VFS Global's expansive presence in Riyadh, Jeddah and Dammam to operate touchpoints, providing customers payment opportunities along with ATM facilities, within VFS Global's premises. The move underlines Emirates NBD's commitment to supporting Saudi Arabia into becoming a leading travel, investment, tourism and financial services hub. In line with Vision 2030, the agreement will accelerate the digital transformation of financial services in Saudi Arabia and the wider region, advancing the growth and development of the Kingdom's financial services, travel and tourism sectors, thereby, providing Saudi citizens and residents with seamless access to quality offerings and experiences. Naser Yousef, CEO, Emirates NBD KSA, said: 'As travel becomes more accessible, our partnership with VFS Global aims to enhance banking, and travel experiences for Saudi nationals and residents, making their journeys more rewarding.' Najmeddin said: 'With more people in Saudi Arabia traveling abroad, we are committed to providing seamless integrated solutions. Our partnership with VFS Global enhances access to exclusive benefits, ensuring a superior experience for affluent customers.' Kapoor added: 'VFS Global is deepening its connections within Saudi Arabia, a key market for us and one where we have operated for over two decades. It has been our constant endeavor to bring our customers comfort, convenience, and benefits through every service we provide, and partnering with Emirates NBD, another key player in its own sector, allows us to innovate and enhance customer experiences while supporting Vision 2030 goals.'

Emirates NBD recognized as the 'Best Foreign Bank in KSA'
Emirates NBD recognized as the 'Best Foreign Bank in KSA'

Zawya

time19-03-2025

  • Business
  • Zawya

Emirates NBD recognized as the 'Best Foreign Bank in KSA'

Riyadh, Saudi Arabia: Emirates NBD, the leading banking group in the MENAT (Middle East, North Africa and Turkey) region, has been named been named the 'Best Foreign Bank in Saudi Arabia' at the prestigious EMEA Finance Middle East Banking Awards 2024 Held on 26 February 2025, at the Sheraton Grand Hotel in Dubai, the awards ceremony — hosted by EMEA Finance magazine — brought leading entities, thought leaders and experts from across the region together to celebrate the achievements and successes of the most innovative financial services businesses and organizations in the region's capital markets. Spotlighting Emirates NBD's commitment to empowering the people and communities it serves, Emirates NBD – KSA was named 'Best Foreign Bank in Saudi Arabia 2024' at the event; with the award underlining the bank's ongoing efforts — in line with Vision 2030 — to pioneer enabling products and offerings that transform the financial services industry. The recognition arrives at a time when the bank continues to extend its footprint across the Kingdom, with Saudi Arabia now being home to 21 Emirates NBD branches, offering seamless access to a diverse range of responsive products and services personalized and uniquely tailored to customers' needs. Emirates NBD was represented at the EMEA Finance Achievements Awards ceremony by Naser Yousef , CEO of Emirates NBD KSA, who reiterated the bank's dedication to enhancing consumers' banking journeys by catering to the evolving demands of a discerning customer base and global economy. Nasser Yousef, CEO, Emirates NBD – KSA, said: 'We are honored to have been recognized with this esteemed award. To be celebrated among and by your peers is truly heartening and provides further motivation for us to go above and beyond in delivering the service excellence that our customers and partners have come to expect of us. We are determined to do exactly that, working closely with our wider network and in line with Vision 2030 to be the most innovative bank for our customers, people and communities.

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