Al Hilal Bank named ‘Middle East Retail Bank of the Year’ at 2013 Retail Banker International Awards

Press release
Published August 27th, 2013 - 06:53 GMT

Al Hilal Bank
Al Hilal Bank

Al Hilal Bank was named the ‘Middle East Retail Bank of the Year’ at the recently concluded 2013 Retail Banker International Awards, besting a highly competitive field and emerging triumphant under the prestigious international award organized by market intelligence firm Timetric.

The annual Retail Banker International Awards honors retail banking excellence under the North American, European, African, Middle Eastern, Latin American, Asian and Global categories. Al Hilal Bank was chosen as the best retail banking institution in its region due to its high level of sustainable profitable growth, exceptional professionalism, and excellent representation of industry in the eyes of the public and regulators.

“Our win at the 2013 Retail Banker International Awards was a very proud moment as it extended recognition of our industry leadership from the GCC to the entire Middle East. We have proven over the past few years how progressive Islamic banking can make a huge impact in regional and global banking and finance. Success has indeed become a habit for us and so we look forward to further raising the bar in Islamic banking and winning again next year,” said Mohammed Jamil Berro, CEO of Al Hilal Bank.

The annual Retail Banker International Awards recognizes and celebrates outstanding organizations within retail banking who have delivered excellence throughout the year. It is organized by Timetric, a leading provider of online data, analysis and advisory services on key financial and industry sectors. The awards event is exclusively sponsored by Fiserv, a global provider of financial services technology.

Al Hilal Bank is fully owned by the Abu Dhabi Government. It offers Islamic Personal, Corporate, Treasury, Investment, and Wholesale banking products and services. Al Hilal currently operates 22 branches and over 116 ATMs in the UAE as well as three overseas branches in Kazakhstan. The bank has received recognition from a number of prestigious award-giving bodies such as the Islamic Business & Finance Awards, the Global Islamic Finance Award, and the Retail Banker International Awards. It was named the Best Retail Bank in the GCC for two consecutive years (2011 and 2012) at the Middle East Retail Banking Awards.

Background Information

Al Hilal Bank

Al Hilal Bank is owned in full by the Abu Dhabi Investment Council, which is the investment authority of the Government of Abu Dhabi. The bank is working with an authorized capital of 4 billion Dirhams, and is authorized to operate as an Islamic trading bank. Al Hilal Bank aims to become the leading financial institution in the region and to increase the growth of Islamic banking with a new direction, towards new technologies and special services.

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