National Bank of Dubai joins Tejari.com

National Bank of Dubai (NBD) has tied up with Tejari.com the UAE based business to business (B2B) marketplace. NBD joined Tejari.com as part of it goal in securing direct supplier access and reducing its procurement costs.

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By  Massoud Derhally Published  March 10, 2002

National Bank of Dubai (NBD) has tied up with Tejari.com the UAE based business to business (B2B) marketplace. NBD joined Tejari.com as part of it goal in securing direct supplier access and reducing its procurement costs.

As part of its Tejari membership, the National Bank of Dubai plans to gain greater hands-on experience for its procurement department in new online buying strategies.

“The use of technology for greater internal efficiency has been a major area of focus for NBD, and Tejari membership adds a new dimension to that objective,” said Mohammad Faraj Abdulla, accounts relationship manager for the National Bank of Dubai.

“We anticipate that by dealing directly with our suppliers online, the Bank will realize a wider selection of goods and services, as well as a competitive and transparent trading environment via Tejari,” added Abdulla.

“The Middle East’s banking industry has been extremely proactive in adopting Internet-based services for their customers. In joining Tejari, the National Bank of Dubai is extending its online capabilities to benefit its supplier relationships, which should result in increased trading opportunities,” noted Sheikha Lubna Al Qasimi, Managing Director of Tejari.com.

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