Emirates NBD taking steps back
Submitted by Kunal Kamat on Fri, 12/10/2010 - 12:56
NBD 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
Submitted by Kunal Kamat on Fri, 11/26/2010 - 11:19
In 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
Submitted by Faarooq Mehmood on Tue, 03/30/2010 - 21:02
As 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
Submitted by Rehan Rachid on Mon, 02/22/2010 - 16:47
A 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
Submitted by Faarooq Mehmood on Sat, 01/30/2010 - 21:37
It 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
Submitted by Aabid Hussain on Wed, 10/28/2009 - 18:38Emirates 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
Emirates NBD and NGI join hands with Aviva
Submitted by Gurpreet Singh on Wed, 10/21/2009 - 20:21Emirates NBD has announced that it has entered into partnership with worldwide insurer Aviva as well as local insurer National General Insurance (NGI) with the aim to provide wide range of long-term savings, investments, life insurance as well as medical protection solutions to Emirates NBD customers.
Customers can avail these products through Emirates NBD branches commencing next month.
