Emirates NBD Bank PJSC (EMIRATESNBD) is one of the largest banking groups in the Middle East and North Africa region, offering a wide array of banking products and services through five main business segments:
- Corporate and Institutional Banking: Provides services like corporate loans, trade finance, customer deposits, and Islamic banking products.
- Retail Banking and Wealth Management: Includes retail loans, private banking, wealth management, consumer financing, and equity brokerage services.
- Global Markets and Treasury: Manages the bank’s investment portfolio, fund management, and interbank treasury operations, including Islamic products.
- DenizBank: A subsidiary operating in Turkey, focusing on retail and corporate banking services.
- Other Operations: Includes operations like Emirates NBD Global Services LLC, property management, and central support functions.
Emirates NBD was formed by the merger of National Bank of Dubai (NBD) and Emirates Bank International (EBI) in 2007. It is Dubai’s government-owned bank and is headquartered in Deira, Dubai. The bank operates in 13 countries, including UAE, Egypt, India, Turkey, and Saudi Arabia, and has over 826 branches and 4,555 ATMs/SDMs worldwide.
History and Profile
- 1963: National Bank of Dubai (NBD) was established as the first national bank in Dubai.
- 2007: NBD merged with Emirates Bank International (EBI), creating Emirates NBD.
- 2012: Emirates NBD acquired Dubai Bank.
- International Expansion: The bank has expanded globally, with plans to grow in India and potential acquisitions like Yes Bank in India.
FAB serves over 9 million active customers, focusing on both individual and business customers. It has been recognized as a leader in digital banking, with 97% of financial transactions conducted outside its branches. The bank also operates Liv, a digital lifestyle bank, which continues to grow rapidly in the region.
Emirates NBD is also committed to sustainability and plays a role in the UAE’s Year of Sustainability, supporting initiatives like COP28 and the Dubai Can project.
Country of Incorporation
United Arab Emirates (UAE)
Incorporation Date
August 22, 2007
Business Sector
Banking & Investment Services
Company Address
CommerCity Building, A2, 11 17th Street, Umm Ramool, Dubai, UAE
