Emirates NBD joins ‘Capital and Credit Risk Management’

Media In Dubai, May 16, 2018 (WAM)
Emirates NBD today announced that it has joined the growing community of members of the CCRManager platform, the innovative financial technology platform that supports the creation of transactions and the distribution of commercial assets.
The move is in line with Emirates NBD’s digital strategy as it continues to drive innovation in digital banking across the region and continues to participate effectively in the financial technology system.
The “Capital and Credit Risk Management” platform was launched in 2017, a digital platform for commercial finance that allows banks and financial institutions to establish and distribute business assets.
The 40-member network of global financial institutions in 17 countries, developed in collaboration with leading international financial institutions, will enable Middle East banks to manage their capital, credit and liquidity requirements more efficiently.
Sumit Agarwal, Executive Vice President and Head of Banking Operations at Emirates NBD said: “We are pleased to join the Capital and Credit Risk Management platform to be two regional pioneers in joining this innovative platform