Global Finance has announced the Regional Islamic Digital Banks in the Middle East as part of its 21st Annual World’s Best Digital Bank Awards program. Also revealed for the first time were the World’s Best Global and Regional Corporate/Institutional Digital Banks and Consumer Digital Banks and the overall Global Sub-category honorees.
All winners were announced during a virtual awards presentation earlier today. Winning digital banks in individual Middle Eastern countries were also recognized today and previously appeared in the September 2020 issue.
A full report will appear in the December 2020 print and digital editions of Global Finance and online at GFMag.com.
“This year, a global pandemic accelerated the transition to digital banking, but forward-thinking banks were already on that road,” said Joseph D. Giarraputo, publisher and editorial director of Global Finance. “The Digital Bank Awards hone in on the institutions that are leading the shift toward a new world of banking.”
Global Finance’s World’s Best Digital Bank Awards are based on submissions from banks that wish to be considered. This year, nearly 300 individual banks from around the world entered the competition. Only banks that entered the competition were considered for awards, and awards were only given in those regions, countries and categories in which there were entries.
The awards judging panel was comprised of representatives from Infosys, a global leader in consulting, technology and outsourcing solutions. Based on the judge’s evaluations, Global Finance’s editors made the final selections.
Winners were selected based on strength of strategy for attracting and servicing online customers, success in getting clients to use digital offerings, growth of online customer base, breadth of products offered, evidence of tangible benefits gained from digital initiatives, and web site design and functionality. Sub-category winners were selected on the basis of relative strength, products and services.
The list of winners follows.
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Global Finance, founded in 1987, has a circulation of 50,000 and readers in 191 countries. Global Finance’s audience includes senior corporate and financial officers responsible for making investment and strategic decisions at multinational companies and financial institutions. Its website — GFMag.com — offers analysis and articles that are the legacy of 34 years of experience in international financial markets. Global Finance is headquartered in New York, with offices around the world. Global Finance regularly selects the top performers among banks and other providers of financial services. These awards have become a trusted standard of excellence for the global financial community.
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