Gulf Bank wins best retail bank in the region
May 26, 2005
Banker Middle East names Gulf Bank “The Best Retail Bank in the Region for 2005”. Banker Middle East Awards was held at the Emirates Towers in Dubai. Mr. Nazem Sulaiman Al-Qenae the General Manager of Retail Banking received the award on behalf of Gulf Bank.
Dr. Yousef Al-Awadi, Chief General Manager and Chief Executive Officer of the Gulf Bank said of this occasion, “This award comes in acknowledgement of Gulf Bank’s role as a strong leader in the banking industry in the region, which has been reaffirmed by many international rating agencies. Al-Awadi also added,” The significant investment in technology, branches and people since 1999 continues to yield dramatic improvements in customer service, operating performance, market share and bottom line profitability. The record breaking 2004 financial results validates the Bank’s Transformation Strategy which was launched in 1999 and the Actualization Strategy which commenced in 2003 and continued in 2004 to meet challenges in the ever changing economic environment”.
Mr. Nazem Al-Qena’e the General Manager of Retail at the Gulf Bank commented upon receiving the award,” Gulf Bank’s key strategies are driven by a commitment to deliver superior customer service matched by unparallel speed of decision-making, innovativeness and flexibility in creating the best financial solution for our customers. We will continue to offer a wider range of products and services through a wider distribution channel mix that includes an ever expanding Branch and ATM network, the most comprehensive e-Banking suite of products and services that offer the latest in banking technology via its Internet Banking, Online Trading, Telebanking and other electronic services”.