Noor Bank Wins Three Awards from Global Banking and Finance Review 2015

    LONDON, ENGLAND, December 09, 2015 /24-7PressRelease/ -- Noor Bank has bagged three awards for its Consumer Finance Products from Global Banking and Finance Review 2015, the London based publication. The award categories included:

- Most Innovative Islamic Credit Card (Best Rate Card) UAE 2015
- Best Islamic Bank for Auto Financing UAE 2015
- Best Islamic Bank for Personal Financing UAE 2015

Speaking about the wins, Hussain Al Qemzi, CEO Noor Bank said, "Noor Bank is proud to have received these awards which point to our success in delivering innovative and need identified products to our clients. We look forward to continued success in the Personal Banking space as we prepare to launch further initiatives in the near future."

Noor Bank's 'Best Rate Credit Card' delivers one of the lowest profit rates in the region, offering customers a low profit rate of only 1.66% per month. Individuals can also opt to transfer outstanding balances from credit cards issued by other banks in the UAE.

The award winning personal finance product serves a variety of a customer's financial needs. Customers can use the bank's convenient Personal Banking solutions to help invest in their children's education, start a business, buy a dream home in their home country, a holiday or much more for profit rates as low as 2.75%. They can also benefit from a multi-faceted auto finance package that promises to meet their requirements, convenience and budget under Noor Bank's Murabaha facility.

Since its inception in 2011, the Global Banking & Finance Review Awards regularly recognises innovation, achievement, strategy, progression and inspirational changes taking place within the Global Financial community.

About Noor Bank
Noor Bank began operations, in Dubai, in 2008, as Noor Islamic Bank. It is a full service bank delivering the broadest range of products for its customers, with an emphasis on unique and personalised service. Noor Bank is governed by a Fatwa and Shari'a board, comprising leading Islamic scholars with extensive experience and expertise in legal, financial and banking-related matters. Noor Bank is rated "A-" IDR with a stable outlook by Fitch Ratings. The corporate shareholders of the Bank are The Office of the Crown Prince of Dubai (25.73%), the Investment Corporation of Dubai (22.71%) and the Emirates Investment Authority (4.7%). The remaining shares are beneficially held by individuals who each own less than 5% of Noor Bank. For further details, please visit: www.noorbank.com or call 800 6667.


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