EDB wins Best Regional Development Bank Award

EDB wins Best Regional Development Bank Award

Emirates Development Bank (EDB), the key financial engine of UAE economic development and industrial advancement, has been recognized at the 11th Annual International Finance Awards held in Dubai. EDB won the ‘Best Regional Development Bank’ accolade in recognition of its long-tenor patient debt approach and innovative financing solutions to empower businesses and drive economic impact. […]Emirates Development Bank (EDB), the key financial engine of UAE economic development and industrial advancement, has been recognized at the 11th Annual International Finance Awards held in Dubai.

EDB won the ‘Best Regional Development Bank’ accolade in recognition of its long-tenor patient debt approach and innovative financing solutions to empower businesses and drive economic impact.

The Bank continues to deliver economic impact by supporting businesses of all sizes within five priority sectors, renewables, manufacturing, technology, healthcare, and food security, and plans to approve $8.2 billion in financing support to 13,500 companies by 2026. The Bank gives special attention to SMEs and focuses on enhancing their bankability and financial inclusion.

Ahmed Mohamed Al NaqbiCEO – EDB

“We are delighted to receive this prestigious award which is a testament to EDB’s commitment to innovating financing solutions and enabling investments with higher economic impact in the UAE. Our remarkable achievements and financing