Emirates NBD

Emirates NBD
Industry Banking
Financial services
Insurance
Founded 16 October 2007
Headquarters National Bank of Dubai building in Dubai, United Arab Emirates
Key people
 Shayne Nelson
Products Investment Banking
Commercial Banking
Retail Banking
Private Banking
Mortgage
Credit Cards
Total assets $98.8 billion (2015) [1]
Website www.emiratesnbd.com
Logo after merger of Emirates Bank and National Bank of Dubai

Emirates NBD is one of the largest banking groups in the Middle East in terms of assets.

History and profile

Emirates NBD, the leading banking group in the region, was formed on 16 October 2007 when the shares of Emirates NBD were officially listed on the Dubai Financial Market (DFM). The Emirates NBD 2007 merger between Emirates Bank International (EBI) and the National Bank of Dubai (NBD), became a regional consolidation blueprint for the banking and finance sector as it combined the second and fourth largest banks in the United Arab Emirates (UAE) to form a banking champion capable of delivering enhanced value across corporate, retail, private, Islamic and investment banking throughout the region.

In 2013, Emirates NBD celebrated its 50th anniversary, marking the Group's outstanding achievements while highlighting the bank's solid historical and financial foundations as well as its promising future.

Emirates NBD's vision is to be globally recognized as the most valued financial services provider based in the Middle East. It is a market leader across core business lines and the leading retail banking franchise, with more than 220 branches and over 900 ATMs and Cash Deposit Machines (CDMs) spread across the country and overseas.

The Group is also a major player in the corporate banking arena. With fast-growing Islamic banking affiliated entities, strong investment and private banking services and a leadership in the field of asset management products and brokerage services, Emirates NBD is well positioned to grow and deliver outstanding value to its shareholders, customers and employees.

As a socially responsible corporation, Emirates NBD is invested in creating shared values with the communities in which they serve. Social investments are focused in key areas of priority for the UAE including advocating for people with disabilities, developing financial literacy, women's empowerment, environment, and health and wellness. Preservation of the UAE culture and heritage is also at the heart of the Group and in addition to supporting various initiatives that aim to preserve the UAE culture, Emirates NBD launched in 2003, the first pearl museum in the region containing the largest collection of natural pearls in the GCC. The Emirates NBD Pearl Museum is a gift from the late Sultan Al Owais, the founder of the National Bank of Dubai to the people of the UAE to remind them of their culture and heritage before the discovery of oil.

Emirates NBD received many prominent awards over the years. Click here to view our awards

As of 30 June 2015, total assets were AED 388.1 billion. The Group has operations in the UAE, Egypt, the Kingdom of Saudi Arabia, Singapore, the United Kingdom, and representative offices in India, China and Indonesia.

Currently, more than 9,000 people, representing 70 nationalities, are employed by Emirates NBD, making it one of the largest and most culturally diversified employers in the UAE. As a national banking champion, Emirates NBD is an ambassador of economic and social progress for the entire UAE to the world.

Emirates NBD Group Companies

NBD logo

Subsidiary Companies

Associate Companies

Awards

2015

2014

2013

2012

2011

2010

References

  1. ↑ [NAME] (1970-01-01). "The World’s Biggest Public Companies List". Forbes. Retrieved 2016-04-22.
  2. ↑ Arif Sharif (2010-12-22). "Abraaj to Buy $545 Million Emirates NBD Unit Stake". Bloomberg. Retrieved 2016-04-22.
  3. ↑ "News – Emirates NBD wins Princess Haya Award for Special Education". www.educationjournalme.com (in Arabic). Retrieved 2016-04-16.
  4. ↑ "The region’s most prominent CSR and sustainability awards conferred on twenty organisations | WAM". wam.ae. Retrieved 2016-04-16.
  5. ↑ "Archived copy". Archived from the original on 3 January 2012. Retrieved 9 February 2012.
  6. ↑ "Archived copy". Archived from the original on 4 October 2013. Retrieved 3 October 2013.

External links

This article is issued from Wikipedia - version of the Friday, April 29, 2016. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.