Dubai PR Network, Online Press Release from Dubai and Middle East
 
Banking & Insurance(Banking & Investments)
Filter PR by
  
Noor Bank Scoops Several Accolades at CPI Financial's Banker Middle East Product Awards 2017, Industry Awards 2017
 


Bank Wins Three Awards at Banker Middle East Product Awards 2017, and Best Premium Bank - UAE at Banker Middle East Industry Awards 2017 

Dubai-UAE: 12 June, 2017 – Noor Bank, a leading Shari’a-compliant bank in the UAE, today announced that it has notched up several prestigious wins at the Banker Middle East Product Awards 2017 and at the Banker Middle East Industry Awards 2017, organised by CPI Financial’s renowned Banker Middle East magazine. 

Noor Bank won Best Corporate Account for its escrow account services, Best Structured Product for its equity-linked autocallable Islamic deposit and Best Home Finance Product for its portfolio of home finance services from the Banker Middle East Product Awards 2017. 

Hussain Al Qemzi, Managing Director, Noor Bank, received the awards on behalf of the bank and said: “We are pleased to be recognised for our innovative offerings that are carefully tailored to meet the top priorities of our clients, including reliable and transparent financing options and maximum returns. These awards reinforce Noor Bank’s market leadership in delivering comprehensive Shari’a-compliant services and are testimony to its successful customer-centric approach. The wins also acknowledge the utmost dedication of our employees, whose commitment and expertise have been vital ingredients in our success.”

In addition, Noor Bank was named Best Premium Bank – UAE at the Banker Middle East Industry Awards 2017 earlier this year, also hosted by CPI Financial, in recognition of its diverse range of wealth management products and priority banking services. 

The awards were based on the verdict by registered users of the CPI Financial website. The users selected Noor Bank from a shortlist prepared by an independent panel of expert judges, who possess vast experience in the banking and financial sector.  

Noor Bank’s escrow account services are in full alignment with Dubai’s Real Estate Regulatory Agency (RERA), and provide reliable and seamless solutions to real estate developers. The bank’s Trust Account Management System (TAMS) ensures effective control, accuracy and regulatory compliance of cash flows, audit trails, customised reports, bulk and straight transactions as well as multiple deposits. 

Noor Bank’s equity-linked autocallable Islamic deposit is a one-year Shari’a-compliant deposit linked to three international stocks with a potential profit of nine per cent per annum, with a potential early redemption every quarter. 

In addition, Noor Bank’s wide range of home finance services offers a variety of solutions to meet customer needs, including new purchase, resale and buyout finance as well as equity release, off-plan property finance, flexi home finance and commercial property finance.

Noor Bank’s Priority Banking Division’s relationship managers cater to the financial requirements of high net worth individuals and are supported at the back end by a team of experts comprising investment advisors and treasury specialists to help customers protect and grow their wealth.  

 


Posted by : Dubai PR Network Editorial Team
Viewed 8778 times
PR Category : Banking & Investments
Posted on : Monday, June 12, 2017  1:25:00 PM UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of DubaiPRNetwork.com.
Previous Story : National Bonds Reveals Results of Financial Health Check for...
Next Story : Senior bankers gather for SWIFT UAE User Group forum
Email this article Print this article

Share this article with your friends and followers
NewsVine
Back to Section Home

Related Stories



 
 
Most Viewed Press Release posted in the last 7 days
MAC - Hyper Real Glow [22662-Views]
M∙A∙C Mineralize Total Detox [21661-Views]
Introducing Vitabrid C12, a brand-new, proprietary form of active Vitamin C being used for... [21344-Views]
5 things to know about collagen [13292-Views]
Fresh Hair in an Instant with SHOW Beauty [12822-Views]
PUMA and Sahntell Martin Unveil Debut Collection [11358-Views]
Amadeo® Fleurier 39 “Fan” [10431-Views]
Show/Pop-up Event “Pret-A-Cover™ Buyers Lane” to Be Launched in Dubai From March 28th to A... [9730-Views]
Mother's Day Gift Guide 2018 from The Little Birdy Group [9174-Views]
Moreish Café in Dubai introduces a healthy Quinoa Burrito [9138-Views]
True Colours [8778-Views]
Robinsons Honored for Outstanding Store Design [8723-Views]
UAE Team Emirates' Mirza Takes Gold at Asian Cycling Championships [8162-Views]
Phenomenal development in falconry racing from small beginnings: HHC Deputy CEO [8162-Views]
WGS 2018: Opening Session Highlights Importance of Embracing Smart Living to Enhance Quali... [8089-Views]
World-renowned Air Sculpture Artist Daniel Wurtzel collaborates with LG PuriCare™ air puri... [7960-Views]
Splash receives 2 awards [7594-Views]
MB&F M.A.D. Gallery presents aeronautical artwork "Nose Art” by French photographer M... [7521-Views]
Dubai Culture Announces an Exciting Line-up of Artists for SIKKA Art Fair 2018 [7369-Views]
Arab Duo Showcase Team's Potential in Final Stage of Dubai Tour [7100-Views]
RAK Hospital launches the biggest weight-loss challenge in association with MoHAP, RAK [6667-Views]
UAE Exchange Partners with Ripple for Instant Cross-Border Payments [6374-Views]
2XL launches Malmo Bed with floral designs for a vintage shabby chic inspired master bedro... [6271-Views]
Bridal Glow is Skin Deep: Tips for every bride-to-be in 2018 [6076-Views]
Food Lovers Rejoice: Dubai Food Festival Is Back This Month [5954-Views]
 
RSS Facebook Twitter LinkedDin
 
Top Sections
 
Top Stories