9 May, 2016

Dubai First Claims Two Asian Banker MENA 2016 Awards

The leading consumer finance company saw 48% increase in Net Profit in 2015 driven by strong consumer relationship development

Dubai First, one of the leading consumer finance companies in the UAE, won two awards at the highly prestigious Asian Banker’s Middle East & Africa Awards 2015, - ‘Best Non-Bank Consumer Finance Organisation” and “Best Micro Finance Product of the Year”.

The recognition came during The Asian Banker’s 3rd Annual Middle East & Africa Regional Awards Ceremony.. The two awards were won as part of The Asian Banker’s Excellence in Retail Financial Service Programme, which is recognised as the world’s leading programme for consumer banking, transaction banking, risk management and technology implementation in the Middle East and Africa region.

Hana Al Rostamani, Chairperson of Dubai First said:  “Dubai First is proud to have received these two awards and recognition from one of the most prestigious awards programmes. This accolade reflects the significant growth and development that Dubai First has made in the Middle East in the last few years, and it demonstrates our commitment to establishing close relationships with our customers and providing them with world class services and highly distinctive products.”

Amit Talgeri, CEO of Dubai First, added: “The Asian Banker Awards reinforces Dubai First’s position as one of the leading consumer finance companies in the region. Over the last 2 years we have been experiencing steady growth across various factors with the company registering a 48% growth in Net Profit in 2015. In 2016, our objective remains to build on this strong performance by offering innovative solutions and financial services for our customers.”

The Asian Banker Awards identifies the best practices and amazing achievements of leading retail banks in the Middle East & Africa. Dubai First’s success in winning two Asian Banker awards not only reaffirms the company’s steady progression to becoming a leader in the UAE’s non-bank consumer finance industry offering innovative solutions and creative financial services for individuals and SMEs.