About
Excellence Awards | Best Arab Digital Financial Institutions 2020
Towards more innovation and inclusiveness
Worldwide, the financial sector is witnessing a great revolution going in pair with technological development to serve better customers more and more connected and demanding. A new generation of financial institutions has been evolved to emerge a non-conventional Banks and Posts with the aim of going beyond the traditional pattern of performance and services to fits with the customers’ requirements and to provide the required digital innovation to be able to keep up with the tremendous technological advances.
Theme of the Award – 2020
Excellence Awards for Best Arab Digital Financial Institutions – 2020
Innovation – Inclusiveness – Loyalty – Wellbeing
This year’s edition of the Awards (2020) has the specificity to include besides the banks in the Arab countries the postal sector, which was constantly growing during the last few years, and continue to grow in an overwhelming number of Arab Countries.
Arab Excellence Awards – 2020 | Best Digital Financial Institutions in the Arab region
- Best Digital Banks
- Best Digital Posts
GOALS
Reward the best Arab Digital Financial Institutions
Based on the outcomes of the first edition of the Award, the second edition will continue to appraise and highlight the efforts of the Arab financial institutions (including the banking and postal sectors), in the setting up of digital strategies aiming to develop and deliver innovative digital services. All this to lead the way and gain the loyalty of customers/Consumers and to participate to the global efforts towards the financial inclusion.
Three major goals are to be achieved through this competition: “Arab Excellence Awards for Digital Financial Institutions – 2020” : INNOVATION – INCLUSION – LOYALTY
UAB / AICTO
Organizers
Union of Arab Banks
UAB
www.uabonline.org
The Union of Arab Banks (UAB) is an Arab regional organization working within the framework of the unions emanating from the League of Arab States. The UAB is currently comprised of over 320 Arab banking and financial institutions …
Arab Information and Communication Technologies Organization
AICTO
www.aicto.org
AICTO is the leading regional organization fostering the development of information and communication technologies infrastructure and services. AICTO aims at developing ICTs throughout the Arab countries region …
Categories of the
“Excellence Awards for the Best Arab Digital Financial Institutions - 2020”
“Arab Excellence Awards for Digital Financial Institutions – 2020” is composed of two main categories : Excellence Awards for the Best Digital Banks and Excellence Awards for the Best Digital Postal Institutions. assessment criteria have been carefully chosen to ensure the highest transparency and efficiency in the process of selection of the winners.
Evaluation
Jury Committee
A specialized and totally independent “Jury Committee” composed of high profile regional and international experts in the field will study and evaluate all applications and select the initiatives and services having the biggest impact on users/customers in the Arab region by providing and delivering digital financial services.
The selection procedure will be based on scientific criteria (as mentioned earlier).
The Jury Committee will be composed of eminent International Independent Fintech Experts
(*)Please note that the selection of the winners of these awards will be the responsibility of the independent jury, as mentioned above and that AICTO and UAB have no role in this process.