Emirates NBD

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Recent Articles

• Emirates NBD chief hails potential of fine art21 March 2010

  Bank's chief investment officer says art offers potential high returns in long run.

• Emirates NBD repayed $750m debt last month1 March 2010

  Dubai-based lender repays chunk of $925.7m of debt maturing in Q1 2010.

• Emirates NBD gives free transfers until April 3028 February 2010

  Promotion is valid for local and international transfers completed online.

• Shares trade in thin volumes as Dubai debt concerns weigh28 February 2010

  UPDATE 5: Emaar is main gainer as Dubai's index rises for second day.

• Non-performing loans to peak this year - EmiratesNBD11 February 2010

  UAE bank expects the level of non-performing loans to continue to increase in 2010.

• Banks lead Qatar to month high11 February 2010

  Emirates NBD and Dubai Islamic Bank end higher on Dubai's DFM on Thursday.

• Emirates NBD Q4 profit up, credit impairments rise11 February 2010

  UAE bank's total income for 2009 up 28% to AED10.8bn ($3bn) vs $2.3bn for 2008.

• Emirates NBD launches Jersey deposits8 February 2010

  Minimum of $25,000 or AED100,000 can be saved in offshore from one month to 3 years.

• S&P affirms 'BBB/A-2' ratings on Emirates Bank Intl, NBD29 January 2010

  S&P’s also withdraws counterparty credit ratings, debt ratings for both banks.

• Emirates NBD drops S&P as ratings agency27 January 2010

  Merger of EBI and NBD reduces the need to have four ratings agencies.

• Emerging markets to drive future growth - UAE banker26 January 2010

  Emirates NBD executive predicts long-term US growth limited to “no more than 2 percent”

• GCC to see 'cautious growth' in 2010 - Emirates NBD25 January 2010

  Chief economist says Qatar will be stand-out performer with 10% growth.

• Emirates NBD eyes growth home and abroad - official17 January 2010

  Group deputy CEO says bank aims to 'seize this moment' to grow franchise.

• Oman beats Gulf forecast on growth rates12 January 2010

  Non OPEC member less affected than fellow exporters as it didn't join oil output cuts.

• Dubai stocks fall, Saudi and DFM remain up22 December 2009

  Mixed day for ME markets sees Abu Dhabi outperforming other GCC bourses.

• New DIFC chief wins AB Lifetime Achievement award15 December 2009

  Ahmad Humaid Al Tayer among the businessmen and women honoured at annual awards.

• UAE national banks see profits fall in nine months3 December 2009

  Financial data shows net earnings down by 16.3% this year, compared to 2008.

• Emirates NBD has $350m Saudi exposure - chief22 November 2009

  Gulf's biggest lender says its Q4 results will not be effected by exposure.

• Emirates NBD launches bank’s new brand identity21 November 2009

  Bank's branch signage, ATMs, marketing, sales & communication materials see change.

• Emirates NBD posts 3% rise in Q3 profit26 October 2009

  UAE's largest bank by assets says Q3 net profit reached $285.9m despite rise in credit impairments.

• Shoppers set to pay by mobile phone in new deal22 October 2009

  Etisalat, Emirates NBD join Visa in partnership to revolutionise shop payments.

• Emirates NBD seeks expansion into Saudi Arabia20 October 2009

  UAE banking major plans to open additional branches in kingdom - CFO.

• EFG-Hermes sees value in Middle East banks7 October 2009

  UAE banking sector has seen sharp asset price deflation, but is in better shape than feared. 

• Emirates NBD plans up to $2bn capital raising - report31 August 2009

  Lender seeking to take advantage of new law guaranteeing bonds issued by local banks.

• Kuwait blue chips rally, but Gulf markets muted25 August 2009

  Banks feature as Zain sale hopes boost liquidity prospects in sector.