Emirates NBD Embraces AI and Blockchain for Innovation

Emirates NBD Integrates AI and Blockchain for Growth

Emirates NBD’s digital transformation focuses on AI, blockchain, and quantum technologies. Key executives highlighted the significance of this strategic shift toward an AI-driven and analytics-based organization.

Miguel Rio Tinto and Marwan Hadi are leading the initiative to harness technology for personalized customer experiences and operational efficiency, marking a significant progression for the bank.

“A transformation focused on harnessing the power of generative AI to change Emirates NBD’s operations and enhance productivity across various business units,” Miguel Rio Tinto, Group Chief Digital and Information Officer, Emirates NBD.

Projected 5x to 7x Returns from Tech Investments

Emirates NBD’s investment in technology aims for a projected 5x to 7x return, showcasing the potential financial benefits of these advancements.

The bank’s focus on using AI models and blockchain is expected to enhance client engagement. This aligns with broader industry trends emphasizing efficiency and data-driven decision-making.

Bank’s Tech Adoption Mirrors Global Trade Finance Efforts

Emirates NBD mirrors global banks’ efforts in adopting technology for trade finance and operations, striving for efficiency comparable to similar past ventures.

Experts note that such strategic investments often lead to enhanced capabilities, reiterating the value of advanced analytics and AI in transforming financial institutions.