NBAD named "Best Bank for Payments and Collections" in the Middle East

Abu Dhabi (WAM): The National Bank of Abu Dhabi, NBAD, has been named the "Best Bank for Payments and Collections" in the Middle East by Global Finance, the international financial magazine. To rank Best Treasury and Cash Management Banks and Providers 2014, Global Finance used a multi-tiered assessment process which included a readers' poll, input from industry analysts, corporate executives, technology experts and independent research. The award considers various criteria including profitability, market share and reach, customer service, competitive pricing, product innovation and the extent to which treasury and cash management providers have successfully differentiated themselves from their competitors around core service provision. "Being selected the best bank for payments and collections in the Middle East reflects NBAD's strength and its ability to deliver value to clients," says Vineet Varma, Managing Director and Head of Global Transaction Banking at NBAD. – Emirates News Agency, WAM