Key people Shayne Nelson Customer service 00 971 600 540000 | Website www.emiratesnbd.com Total assets 98.8 billion USD (2015) | |
Industry Banking
Financial services
Insurance Products Investment Banking
Commercial Banking
Retail Banking
Private Banking
Mortgage
Credit Cards Headquarters Dubai, United Arab Emirates CEO Shayne Nelson (25 Jun 2013–) Founded 16 October 2007, Dubai, United Arab Emirates Subsidiaries Tanfeeth, Emirates Funds LLC Parent organization Investment Corporation of Dubai Profiles | ||
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Emirates NBD is one of the largest banking groups in the Middle East in terms of assets.
Contents
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.