Emirates NBD
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| Industry | Banking Financial services Insurance |
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| Founded | 16 October 2007 |
| Headquarters | National Bank of Dubai building in Dubai, United Arab Emirates |
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Key people
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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.
Contents
History and profile
Emirates NBD, the leading banking group in the region, 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) to form a banking champion capable of delivering enhanced value across corporate, retail, private, Islamic and investment banking throughout the region.
In 2013, Emirates NBD celebrated its 50th anniversary, marking the Group's outstanding achievements while highlighting the bank's solid historical and financial foundations as well as its promising future.
Emirates NBD's vision is to be globally recognized as the most valued financial services provider based in the Middle East. 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 a socially responsible corporation, Emirates NBD is invested in creating shared values with the communities in which they serve. Social investments are focused in key areas of priority for the UAE including advocating for people with disabilities, developing financial literacy, women's empowerment, environment, and health and wellness. Preservation of the UAE culture and heritage is also at the heart of the Group and in addition to supporting various initiatives that aim to preserve the UAE culture, Emirates NBD launched in 2003, the first pearl museum in the region containing the largest collection of natural pearls in the GCC. The Emirates NBD Pearl Museum is a gift from the late Sultan Al Owais, the founder of the National Bank of Dubai to the people of the UAE to remind them of their culture and heritage before the discovery of oil.
Emirates NBD received many prominent awards over the years. Click here to view our awards
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 and most culturally diversified employers in the UAE. As a national banking champion, Emirates NBD is an ambassador of economic and social progress for the entire UAE to the world.
Emirates NBD Group Companies
- Emirates NBD Bank PJSC
- Emirates Islamic Bank 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 Bank
- 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
Awards
2015
- Emirates NBD named Outstanding Private Bank Middle East by Private Banker International
- Emirates NBD named Best Retail Bank in the Middle East and UAE by the Asian Banker
- Emirates NBD named Best Private Bank in the UAE for Philanthropy and Social Impact Investing by Euromoney
- Emirates NBD Asset Management wins at Fund Selector Asia Awards 2015.
- Recipient of the Princess Haya award for 'Special Education'[3]
- 2015 Arabia CSR Awards (MENA) for 'Partnerships & Collaborations'[4]
2014
- Won 5 coveted Effie MENA Awards in the Banking, Finance and Insurance, as well as brand experience categories.
- Emirates NBD has won Private Banker International award 'Outstanding Private Bank in the Middle East'[5]
- Emirates NBD's Shayne Nelson wins 'CEO of the Year' for Asset Management business
- Emirates NBD Securities wins 'Mobile Trading Award 2014' by DFM
- Named 'Bank of the Year' at Gulf Business Industry Awards 2014
- Named 'Social Brand of the Year' at MENA Digital Awards
- Emirates NBD wins Banking and Finance Customer Care Excellence Award
- Emirates NBD Manchester United Card awarded 'Best International Sports Affinity Co-Brand Card in the UAE for 2013' by MasterCard
2013
- On 26 September 2013, Emirates NBD Asset Management Limited, the asset management arm of Emirates NBD, announced that it has been named "Best Asset Management Company," at the annual Arab Achievement Awards 2013.[6]
- Emirates NBD wins award for Best Golf Sponsorship in the Middle East
- Emirates NBD named SME Bank of the Year at Arabian Business StartUp Awards 2013
- Emirates NBD awarded for 'Best Customer Service Research Programme' in the UAE
- Emirates NBD wins 2013 Visa LEADER Award for excellence in Fraud Management as the 'Best Issuing Institution' in Middle East & North Africa
- Emirates NBD wins 'Best Corporate Card' award for second consecutive year
- Emirates NBD named "Best Bank in UAE" by Euromoney
- Emirates NBD wins 'eBanking 2013 Excellence Award' for best mobile banking application
- Emirates NBD wins 'Best SME Internet Banking Service' at Banker Middle East Product Awards 2013
- Emirates NBD wins bronze award for best sponsorship of Omega Dubai Desert Classic
- Emirates NBD named "Best Retail Bank in the UAE" by Asian Banker
2012
- Emirates NBD Most Friendly SME Bank in the UAE
- Emirates NBD's 'Pay Yourself First' bags Silver at GEMAS Effie MENA awards 2012
- Emirates NBD wins Asia's Best Brand award for second year in succession
- Emirates NBD wins top IT awards for revamp of internet banking platform
- Emirates NBD wins Visa LEADER award for 'The Best Issuing Institution'
- MENA Sukuk Manager of the Year award, at the 2012 Global Investor/ISF Investment Excellence Awards
- Emirates NBD wins award for 'Best Corporate Card' at Smart Card Awards Middle East
- Emirates NBD Asset Management named 'Best Asset Management Company' at Arab Achievement Awards 2012
- Emirates NBD wins Three Global Finance Awards for 2012
- Emirates NBD scoops two awards at the Customer Experience & Service Excellence Summit 2012
- Emirates NBD wins 'Best SME Insurance Product' at Banker Middle East Product Awards 2012
- Emirates NBD Asset Management lauded at 2012 MENA Fund Manager Performance Awards
2011
- Emirates NBD Asset Management awarded 'Equity Manager of the Year
- Emirates NBD named region's 'Outstanding Private Bank' at Private Banker International Summit
- Emirates NBD wins Marketing Department of the Year at 2011 International Business Awards SM
- Emirates NBD named Asia's Best Brand at 2011 CMO Asia Awards for Excellence in Branding and Marketing
- Emirates NBD Asset Management named 'Best Fund Management Company' at Arab Achievement Awards 2011
- e-Banking Excellence Award by the Middle East Excellence Awards Institute. Presented at the 16th Middle East eGovernment and eServices Excellence Awards
- The Leading PR/Marketing Company' by Arab Achievement Award-2011
- 'Best Bank in the UAE' for the year 2011 by Global Finance
- 'Best Corporate Account' and 'Best Business Banking Promotion' at Banker Middle East Product Awards 2011
- Emirates NBD Capital named: 'Best Investment Bank in the UAE' by Global Finance
- 'Best Trade Finance Provider in the UAE' by Global Finance
- 'Best Foreign Exchange Provider in the UAE' by Global Finance
- 'Human Resources Development in Banking and Financial sector for the year 2010' Award (Sharjah Career Fair 2011)
- 'Best Private Banking Services Overall in UAE' Award in 2011 by Euromoney
- Emirates NBD recognised for outstanding contribution to FDI in Saudi Arabia
- 'Best Marketing Campaign of the Year' at the Global Awards for Brand Excellence in Mumbai
- 'Award for Brand Leadership (Banking& Financial Services)' at the Global Awards for Brand Excellence in Mumbai
- "Best Private Sector Customer Service Initiative" at 2011 Customer Service Week STAR Awards
- "Best Large Bank" at 2011 Bank Benchmarking Index Awards
- Global Finance Magazine names Emirates NBD the world's best Trade Finance Bank 2012 for the UAE
2010
- Global Finance Award: 'Largest bank in the Middle East' which also recognized Emirates NBD as one of the top 50 banks across all international emerging markets
- Middle East IR Society Awards for 2010
- Overall Grand Prix – Best Investor Relations in the Middle East
- Best Investor Relations Website for Middle East
- Best Investor Relations Team for Management Access + Meetings in the Middle East
- Banker Middle East Award 2010 in the Best Use of Technology
- Banker Middle East – Products Award for Best Personal Loan
- Sh. Mohammed bin Rashid Al Maktoum 'Supporters of the Arts Award'
- 2010 Financial Sector Technology (FST London) award for 'Systems Integration Project of the Year'
- Best Private Bank in the UAE at the Euromoney Private Banking survey for 2010
- The number one banking brand in the Middle East by The Banker
References
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External links
- Use dmy dates from October 2013
- Pages using infobox company with unsupported parameters
- Pages with broken file links
- 2007 establishments in the United Arab Emirates
- Banks established in 2007
- Companies based in Dubai
- Companies listed on the Dubai Financial Market
- History of Dubai
- Banks of the United Arab Emirates
