Emirates NBD wins Asia’s Best Brand award for second year in succession

Press release
Published August 26th, 2012 - 06:41 GMT

Dr. Brian Shegar, Emirates NBD receiving the CMO Asia Award for Asia's best brand
Dr. Brian Shegar, Emirates NBD receiving the CMO Asia Award for Asia's best brand

Emirates NBD, a leading bank in the Middle East, announced today that it had won the award for ‘Asia’s Best Brand,’ for the second year in succession, at the 3rd CMO Asia Awards for Excellence in Branding and Marketing. The award, which consists of a Statuette and Citation, was received on behalf of the bank by Brian Shegar, General Manager and Head - Asia Pacific, Emirates NBD.

The CMO Asia awards recogniseorganisations for their branding and marketing initiatives, and for the strength of an organisation’s brand among target audiences. This year, over 150 companies from 25 countries across Asia, participated in the awards.

Emirates NBD is one of only two UAE-based organisations and the only bank from the UAE, to be recognised as one of Asia’s 27 Best Brands. Other well-known international names in the list include Citibank, Deutsche Bank, Google, Hong Kong Disneyland, Malaysian Airlines, Microsoft, Pizza Hut, Proctor&Gamble, Qantas, Telecom Malaysia, VolksWagen and Walmart Asia.

“We are delighted to be named one of Asia’s Best Brands for the second year in successionby the CMO Asia Awards, as this is recognition of our continued commitment to provide our customers with an enriched banking experience,” said Vikram Krishna, Head of Group Marketing and Branding, Emirates NBD. “Our 360 degree marketing practices have resulted in establishing the Emirates NBD brand across the Middle East and we look forward to replicating our success across various international jurisdictions. This award is of particular significance, since we have been recognised from amongst well-established brands across the Middle East, Asia and the Asia Pacific region.”

Asia’s Best Brand, award is conferred on manufacturers and companies of outstanding consumer products and focuses on the company brands and trademarks. Emirates NBD was awarded the title based on the mind, market and commitment share of the brand among consumers in the specific product category. This accolade was achieved based on the brand’s strength in consumers’ minds, the brand’s ability to encourage buying behaviour, as well as actual buying behaviour.

Headquartered in Dubai, Emirates NBD is the largest financial services provider in the UAE. It is fast expanding its presence in regional and international markets with dedicated offices in Saudi Arabia, London and Singapore.

Background Information

Emirates NBD

Emirates NBD, the leading banking group in the region, was formed on 19 June 1963, when H.H. Late Sheikh Rashid bin Saeed Al Maktoum signed the Charter of Incorporation of the National Bank of Dubai (NBD) which became the first National Bank established in Dubai and the United Arab Emirates (UAE). With the blessings of H.H. Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, NBD merged with Emirates Bank International (EBI) on 06 March 2007, to form Emirates NBD, the largest banking group in the region by assets. On 16 October 2007, the shares of Emirates NBD were officially listed on the Dubai Financial Market (DFM). The merger between EBI and NBD to create Emirates NBD, became a regional consolidation blueprint for the banking and finance sector as it combined the second and fourth largest banks in the UAE to form a banking champion capable of delivering enhanced value across corporate, retail, private, Islamic and investment banking throughout the region.

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