ADIB Egypt gets 37 exceptional international awards in 2023

Abu Dhabi Islamic Bank- ADIB Egypt continues its successful career in the banking market by commending many institutions and international entities in the field of finance and business since the Bank has achieved many successes and achievements over the past months of 2023, and has contributed to raising its awards to 37 various awards.

These awards were awarded to the Bank by the world's major financial institutions, whose choices are based on international standards, as well as the opinions of specialized analysts, making them an important tribute to the Bank's outstanding performance and interest in innovation in the banking sector.

The Year's harvest is a culmination of the efforts of ADIB to advance its pioneering career in the Islamic banking market, after adding more awards than last year, during which it won 20 international awards. This confirms his continuation of this year's march of excellence.

One of the Bank's most prominent awards during the year was the Global Finance Magazine Awards, which awarded the Bank prizes in two categories:

• "Islamic Finance" Category, where ADIB won the award of Best Islamic Sharjah Compliant Financial Institution for the sixth year in a row.

The "Digital Banks" category, in which the bank was crowned with 4 awards, is the best digital Islamic bank in Egypt for 2023 and the best site adapted with mobile banking services in Egypt, the best APIs in Egypt and the best provider of commercial finance services.

ADI Capital, one of the Bank's investment arms, was awarded the Euromoney Islamic Finance 2023 Award for Best Islamic Financing Deal in Local Currency, for a joint financing deal in accordance with Islamic Sharjah principles for subsidiaries of Swedish Electric Group worth 3 billion pounds.

The bank was awarded the 2023 "Deal of the Year" award for the continent of Africa by The Banker magazine.

In the Euromoney Monetary Management Survey 2023, the bank was able to acquire the Best Service Award in Egypt's technology sector.

The Bank also received 5 other awards from Euromoney magazine, namely, the Bank's leadership in the field of community responsibility, SMEs, digital solutions and financing of major companies, as well as ADI Capital received the Egyptian Market Investment Leadership Award.

The British magazine Global Economics awarded the bank two awards for Best Islamic Bank and Best SME Bank in Egypt this year.

In this regard, Mohamed Ali, Chief Executive Officer and Managing Director of Abu Dhabi Islamic Bank, Egypt, expressed his pleasure: "This honour and awards received by our bank during 2023 is a testament of confidence in our leadership in Islamic banking. We are constantly keen to support the advancement of digital technology. We strive to innovate and guide investment for the development of digital banking services, in order to provide the best possible service to our customers.

The Bank has received this honour from prestigious global institutions, which shows the exceptional performance of the Bank and its team over the past months and confirms its firm position in the Egyptian market. "

The President of Abu Dhabi Islamic Bank Egypt added, "This honour prompts us to continue to promote innovation, technological and digital development, and to continue to strive towards providing customers with the highest quality services, and to provide innovative and user-friendly products and solutions to meet all their financial needs and requirements.

These awards undoubtedly have an indirect impact on sustainable development and reinforce ADIB's role in supporting the Egyptian economy as one of the constants of its ambitious strategy."

The awards received by the bank also included the award of "Cosmopolitan the Daily Business" as the Best SME Bank, and the same magazine awarded it the Best Islamic Bank in Egypt for 2023. Global Brands named it the Best Islamic Bank for SMEs.

In its 2023 awards, International Business crowned the bank with the two most innovative online banking awards in Egypt, as well as the best Islamic Bank in Egypt.

ADIB also received two awards from Global Business Review, the best Islamic financial institution in Egypt and the best banking solutions compatible with Islamic Sharjah law in Egypt.

The bank won the Best Islamic Bank award in Egypt for 2023 from Global Business, and from International Finance, which also awarded it the most innovative Islamic Digital Bank in Egypt for the same year.

World Business Stars also presented the bank with two awards for Best Islamic Leading Bank in Egypt, and the best bank offering easy-to-use online banking services in Egypt.

The bank also received two Global Business Outlook awards during 2023, the fastest growing investment bank and the most innovative Islamic Bank in corporate banking, while winning the World Business Outlook Award for Best Islamic Financial Institution.

The Bank continued its excellence in Islamic Retail Banking in Egypt 2023, in the Islamic Retail Banking Awards (IRBA). Forbes Middle East ranked the Bank among the top 50 listed companies in Egypt.

The bank also received two prizes from Brands Review Magazine as the best bank compatible with Sharjah provisions for 2023, as well as the best bank in the treasury and money market sector. The bank received three awards from World Business Achievers magazine, the best Islamic car finance bank, the best Islamic bank for 2023, and the best bank compatible with Islamic Sharjah.