Visa, a leading payment solution provider, presented the Best Bank Awards at the 13th annual Banker Middle East Industry Awards in Dubai.
Visa helps to accelerate the global shift toward electronic payments in order to meet the needs of governments, consumers and businesses throughout the region.
This commitment was made clear by Kamran Siddiqi, general manager of Visa, Middle East and North Africa, during his speech.
Siddiqi focused on the increased importance of innovation and more specifically mobile technology on banking in the future, saying: “This is an era of great opportunity, with exciting developments coming through on the horizon. Innovation and advances in technology have opened up financial services to more than 1 billion consumers worldwide, who own mobile devices but do not have a formal banking relationship. We have the potential to make a real mark to the banking industry today as we strengthen and develop relationships and partnerships with industry players.”
He added: “The evening was a clear success with many leading names in the banking industry joining us to celebrate the great successes of the past year. We are committed to investing in our partnerships with key stakeholders operating in the payments landscape to ensure that consumers benefit from safe, reliable and convenient payments solutions. This event is a testament to the hard work and dedication that our partners and client financial institutions are making toward the banking industry.”
Winners of the best bank awards were:
Ahli United Bank B.S.C. — Best Bank in Bahrain, National Bank of Kuwait — Best Bank in Kuwait, Al-Rajhi Bank — Best Bank in Saudi Arabia, Bank Of Palestine — Best Bank in Palestine, Arab Bank plc - Best Bank in Jordan, Blom Bank SAL — Best Bank in Lebanon, BankMuscat — Best Bank in Oman, Qatar National Bank — Best Bank in Qatar and Abu Dhabi Commercial Bank — Best Bank in the UAE.
