Emirates NBD introduces banking via Twitter

Emirates NBD, a leading bank in the region, is the first in the region to offer customers the option of conducting select banking enquiries and transactions via Twitter.
The first-to-market banking service will allow Emirates NBD customers to simply tweet for enquiries about their current or savings account or credit card, or perform transactions such as balance enquiry, view last five transactions or request for previous month’s e-statement. The bank will respond to queries instantly via a direct message in order to safeguard customer privacy. The Twitter service is in addition to the bank’s existing customer channels namely the mobile banking app, online portal, telephone, ATM and the extensive branch network.
Commenting on the new service, Suvo Sarkar, Senior Executive Vice President & Group Head – Retail Banking and Wealth Management, Emirates NBD said, “At Emirates NBD, we are committed to creating a new paradigm of banking services in the region and beyond, combining digital and physical to offer a truly distinct customer experience. Time and again, we have effectively used technology to make our customers’ lives simpler and more convenient, as we focus on introducing next generation ‘on the go’ self-service banking.
“Our customers today have a deep affinity with social media and mobile-based applications and services. By offering innovative banking solutions though these oft-used digital channels, we want to make banking more accessible and fun,” continued Sarkar.
This service is available under invitation in the first phase. The bank has announced that it plans to increase the number of services and transactions as well as expand to other platforms in the near future. Emirates NBD already uses social media effectively to facilitate direct engagement with customers, via its half a million social media fan base. The digital banking offerings have been well received with one third of the bank’s active customer base using mobile and online banking regularly. Emirates NBD was the only bank in the Middle East to be ranked among the top 25 global banks active on social media in 2014 by The Financial Brand. In addition, the bank gained the 35th spot among the Top 100 banks on Twitter with over 65,000 followers currently, and has a fan base of over 410,000 on its official Facebook page, making Emirates NBD the largest followed bank on Facebook in the UAE.
Emirates NBD’s relentless efforts to drive Multichannel Transformation has received industry-wide recognition – the bank was recently named one of the most innovative banks in the region by EMEA Finance and Best Bank in the UAE by Euromoney.
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.