Formed in October 2007, Emirates NBD is the leading banking group in the region.The 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.
As of September 30, 2014, the bank’s total assets stood at AED 353.9 billion
More than 9,000 people, representing 70 nationalities, are employed by Emirates NBD
Launched “Banker for a Day” programme for the youth aspiring for careers in the banking sector
BLAZE TO BRILLIANCE
As of September 30, 2014, the bank’s total assets were valued at AED 353.9 billion. The group has operations in the UAE, Egypt, the Kingdom of Saudi Arabia, Qatar, Singapore, the United Kingdom and runs 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 UAE’s ambassador of economic and social progress to the world.
The Emirates NBD’s vision is to be globally recognised 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 885 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.
ENGAGEMENT THAT ENTHRALS
As a socially responsible corporation, Emirates NBD engages in several corporate social responsibility activities, focussing mainly on priority causes in the UAE such as charity, education, environment, culture, art and sport. Preservation of the UAE’s culture and heritage lies at the heart of the group.
First launched in April 2011, Emirates NBD’s “Banker for a Day” programme demonstrates its ongoing commitment to provide career development programmes for youth. This programme has received tremendous response from schools across the country.
Students participating in the programme get the opportunity to spend an entire working day at an Emirates NBD Branch, working in various positions, including that of customer service representatives, processing specialists, business managers, relationship managers, business centre managers and tellers. Branch managers and other bank officials provide on-the-job training and guidance.
The initiative has proved to be a great success among secondary school students, who are in the process of identifying future career paths.
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.