Emirates NBD: A Rich History - A Bright Future

Emirates NBD, the biggest banking group in the Middle East in terms of assets was formed on 16th of October 2007 when the shares of ENBD 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), has become a regional consolidation blueprint for the banking and finance sector as it combined the second and fourth largest banks in the United Arab Emirates to form a banking champion capable of delivering enhanced value across corporate, retail, Islamic and investment banking throughout the GCC region.

The history of the regional banking and finance industry cannot be told without reference to NBD or EBI, which have both kept apace with every stage of the country’s development. Those two institutions have more than 100 years of combined experience in the banking and finance industry and have both adopted best contemporary business practices, a philosophy which served both banks very well and placed them among the UAE and the region’s best banks.

With a market share of almost a fifth of corporate loans market in the UAE, it is considered a key player in the UAE corporate banking arena. Emirates NBD also has a fast growing Islamic banking affiliated entity, a strong investment arm, leading private banking services and a leadership in the field of asset management and brokerage services and products. The group is well positioned to grow and deliver outstanding value to its shareholders, customers, and employees.

Currently, more than 7.000 employees from over 50 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, the Group has adopted an ambitious Emiratisation strategy and currently employs more UAE Nationals than any other bank in the country.

As a socially responsible corporation, Emirates NBD engages in several corporate social responsibility activities, focusing mainly on priority causes in the UAE such as charity, education, environment, culture, art and sport. Preservation of the UAE culture and heritage are 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.

www.emiratesnbd.com

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