Tuesday, May 21, 2024
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Launch of the Inaugural Greenwich Awards Aims to Bolster the Regional Banking Industry

The banking industry in the Middle East is undergoing a radical change as digitalization has established itself as a key component of competitive strategy. Local banks in the area are closing the technology gap with international organisations by not only keeping up but also setting the standard.

Together with the winners of the 2024 Greenwich Excellence Awards in several important categories, Coalition Greenwich, a division of CRISIL, an S&P Global Company, and a premier supplier of strategic benchmarking, analytics, and insights to the financial services industry, is pleased to announce the winners of the inaugural 2024 Greenwich Share and Quality Leaders in Middle East Large Corporate Banking.

“As we introduce the inaugural MENA version of the Greenwich Awards, we recognise a transformative era in the Middle East’s banking landscape,” stated Gaurav Arora, Global Head of Competitor Analytics at Coalition Greenwich and author of Middle East Banking: Competition Ignites on Servicing Corporates. The ability to operate digitally has emerged as a key component of competitive strategy, and local banks are not only keeping up but also setting the standard, thereby closing the gap in technology between themselves and international organisations. This remarkable development is important because it improves the way they provide services and greatly raises customer satisfaction. It also represents a turning point in our in-depth analysis of this dynamic area.

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