Emirates NBD completes successful participation at SIBOS 2013

UAE's largest bank showcases its international and institutional banking capabilities to financial institutions from around the world
Participation reinforces bank's position as partner of choice for the UAE market and beyond

Dubai, September 19, 2013: Emirates NBD, a leading bank in the region, today completed its successful involvement as an exhibitor in SIBOS 2013 (Swift International Banking Operations Seminar). This annual global banking networking exhibition and conference for financial institutions was organised for the first time in Dubai, running from September 16 to 19, 2013, at the Dubai World Trade Centre.

SIBOS 2013 brought together influential leaders from over 200 financial institutions, multinational corporations and technology partners from around the world to collaborate and explore business opportunities. This event attracted over 7,000 participants and provided a platform to showcase banking products that facilitate payments, securities, cash management and trade, in addition to discussing trends and the future of the global financial services industry.

“As the largest bank in the UAE with a strong franchise in Wholesale Banking, Emirates NBD recognised the value in exhibiting prominently at SIBOS 2013. The event offered us a perfect platform to showcase our comprehensive proposition to serve financial institutions across the world and meet the international business needs of corporate clients,” said Giel-Jan Van der Tol, General Manager – Wholesale Banking, Emirates NBD.

“Our participation in SIBOS 2013 helped to strengthen our relationships with existing clients and build new partnerships in the global banking sector. This will enable us to further expand our international network, get access to new markets and establish Emirates NBD as a globally recognised brand. As the premium partner for Dubai's Expo 2020 bid, our participation in this event also helped promote the UAE's effort to host the Expo in Dubai,” he added.

At the event, Emirates NBD showcased its strong position within the international banking community, highlighting global network and international capabilities as a key pillar of its growth strategy.

“Over the last 50 years we have developed a strong reputation as a credible partner for the international banking community; supporting business in the UAE, GCC and beyond. We deliver deep local insights through our expertise in markets such as UAE, KSA, Qatar, Egypt, London, Singapore and China, where we have a local presence. Our clients also leverage our correspondent banking network of over 250 banks to give them extensive global coverage for their transactions,” said Van der Tol.

As a clearing bank, Emirates NBD provides its customers with access to the SWIFT (Society for Worldwide Interbank Financial Telecommunication) relationships with over 1,600 banks across all the continents. Customers also benefit from the bank's ability to handle over 350,000 payments per month.

Dubai was chosen as the venue for SIBOS because of its expanding financial sector and prominent knowledge-based economy. With the UAE's economy experiencing accelerated growth, the event reinforced Dubai's ranking among the leading global financial centres, and provided a great networking opportunity for the financial services community in the city.

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