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 |
Emirates NBD is one of the largest banking groups in the Middle East in terms of assets.
History and profile
Emirates NBD 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).
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 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 employers in the UAE.
Emirates NBD Group Companies
- Emirates NBD Bank PJSC
- Emirates Islamic PJSC
- Emirates NBD Asset Management
- Emirates NBD Securities
- Diners Club UAE
- Network International LLC
- ETFS LLC
- Emirates Money Consumer Finance LLC
- Emirates NBD Properties LLC
- Emirates NBD Capital Ltd (DIFC)
- Emirates NBD Trust Company Ltd (Jersey)
- Emirates NBD Capital LLC (KSA)
- Union Properties PJSC
- National General Insurance Co. (PSC)
Subsidiary Companies
- Emirates Islamic
- Emirates Islamic Financial Brokerage
- Emirates Money
- Network International (49% Sold to Abraaj Capital in 2010) [2]
- Emirates NBD Capital Limited
- Al-Watani Al Islami
- Emirates NBD Trust Company (Jersey) Limited
- Emirates NBD Properties
- Tanfeeth
Associate Companies
- National General Insurance Co (P.S.C)
- Emirates NBD Sana Capital Limited
- Union Properties
References
- ↑ [NAME] (1970-01-01). "The World's Biggest Public Companies List". Forbes. Retrieved 2016-04-22.
- ↑ Arif Sharif (2010-12-22). "Abraaj to Buy $545 Million Emirates NBD Unit Stake". Bloomberg. Retrieved 2016-04-22.