Emirates NBD

Emirates NBD taking steps back

NBDNBD Bank has promised a number one official from Emirates. It has committed healthy and sporting society following its sponsorship of the 10th Fina World Swimming Championships (25-metre) from December 15-19.

Deputy Head of Group Marketing for Emirates NBD, Saif Al Mansouri has alleged that the development of a sports-focused community will be permitted in UAE and supports various sporting initiatives as committed by the Emirates NBD.

Emirates NBD eying gold owners

Emirates NBD eying gold ownersIn a new strategy carved out by Dubai’s Emirates NBD, the UAE’s largest bank by assets, it has recently launched a new loan scheme. It is to be mentioned here that under this new scheme, customers can borrow up to 80 percent of the value of any gold they deposit.

RBS UAE units being eyed by Emirates NBD

RBS-EmiratesNBDAs per the informed sources, the Emirates NBD, the largest bank in the country, and Mashreq might be targeting the UAE's retail operations of Royal Bank of Scotland (RBS).

Emirates NBD Chief Executive Officer Rick Pudner described the bank as being pretty interested in that asset. He informed this on the sidelines of the annual general meeting of shareholders previous week

Emirates NBD organizes unique four-day event

Emirates-NBDA unique four-day event will be organized by Emirates NBD, the largest banking group in the Middle East in terms of assets; as a part its sponsorship of the Dubai Shopping Festival (DSF). Under this event, the group will offer its customers a chance to ride in hot-air balloon, free of cost, thus giving them panoramic views over Dubai.

UAE: Dubai-Based Banks EBI and NBD Affirmed Negative Outlook

EmiratesNBD-LogoIt was today specified by Standard & Poor's Ratings Services that its 'BBB/A-2' long- and short-term counterparty credit ratings have been affirmed by it on Dubai-based Emirates Bank International PJSC (EBI) and National Bank of Dubai (NBD), which have been united into Emirates NBD PJSC.

Emirates NBD intends to boost private banking

Emirates NBD, leading UAE based largest bank by assets, has informed that it envisages to increase its private banking business, primarily in Singapore.

The sources informed that Due to economic uncertainity, private banking worldwide is in flux, with some key global lenders leaving the field as others seek to spread out and balance volatile investment banking revenues with the steadier income flows from services to the super rich