Emirates NBD

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Recent Press Releases

• Emirates NBD receives three awards at 2008 Global Finance Award10 November 2008

  Emirates NBD, the largest banking group in the Middle East in terms of assets, has been awarded the much coveted title of ‘Best Bank in the UAE 2008’ by Global Finance magazine, the leading monthly financial magazine.

• Emirates NBD launches “Hero Global Football Fund”6 November 2008

  Emirates NBD, the largest banking group in the Middle East in terms of assets, has announced today the launch of the Hero Global Football Fund.

• Emirates NBD steps up Emiratisation efforts29 October 2008

  Emirates NBD, the largest banking group in the Middle East in terms of assets, launched a full-fledged campaign to step up its Emiratisation efforts and promote the role of local talents and expertise in the nation's banking sector.

• Emirates NBD receives IMF delegation28 October 2008

  Consultation mission discusses recent economic and financial developments in the country.

• Emirates NBD announces Q3 2008 results22 October 2008

  Emirates NBD, (DFM ticker: ENBD), the Middle East’s largest banking group by assets, today announces its results for the third quarter period ending on 30 September 2008.
  

• Factoring turnover crosses AED 1 billion22 September 2008

  Factoring YTD turnover has crossed AED 1 Billion in August 2008.

• USD 325 million and EUR 20 million syndicated term loan facility for Black Sea Trade & Development Bank19 September 2008

  Bayerische Landesbank ("BayernLB"), Emirates NBD PJSC ("Emirates NBD"), Intesa Sanpaolo S.p.A. ("ISP") and Sumitomo Mitsui Banking Corporation Europe Limited ("SMBCE") (the "Mandated Lead Arrangers" and :"Bookrunners") are pleased to announce the successful closing of a multi tranche Syndicated Term Loan Facility for Black Sea Trade & Development Bank (the "Borrower" or "BSTDB).

• Emirates NBD announces launch of home loan financing in Abu Dhabi11 September 2008

  Emirates NBD, the UAE’s leading bank, announced the launch of its home loan financing scheme in Abu Dhabi last night at a press conference held at The Emirates Palace Hotel in Abu Dhabi and headed by Mr. Suvo Sarkar, General Manager - Retail Banking.

• Emirates NBD completes phase one of culture creation2 September 2008

  More than 5,000 employees participate in “My Bank, Our Values” Workshops in 5 months.

• Open Joint-Stock Company Promsvyazbank USD 280,000,000/- syndicated trade-related term loan facility (oversubscribed and increased)28 August 2008

  Arranged by Commerzbank, Emirates NBD, ICICI Bank, ING and RZB.

• Emirates NBD announces launch of AED 25 million ERP implementation23 July 2008

  Project UniFi is a solution that will streamline financial and information management across the group.

• Emirates NBD Announces 45% Profit Growth in 2nd Quarter 200822 July 2008

  Emirates NBD, (DFM: ENBD), the Middle East's largest banking group by assets, today announces its results for the second quarter ended on 30 June 2008.

• H.E. Ahmed Humaid Al Tayer inaugurates Emirates NBD’s large corporate unit9 July 2008

  The Unit manages accounts worth over AED 130 billion.

• H.E. Ahmed Al Tayer hosts reception in honor of Turkish Ambassador25 June 2008

  Event held in cooperation with Ata Invest Dubai

• USD 100 Million equivalent Dual-Currency Syndicated Term Loan Facility (the “Facility”)22 June 2008

  Sekerbank T.A.S. ("Sekerbank") has mandated Commerzbank Aktiengesellschaft ("Commerzbank AG"), Emirates NBD PJSC ("Emirates NBD"), Raiffeisen Zentralbank Osterreich Aktiengesellschaft ("RZB") and Wachovia Bank, N.A. ("Wachovia") (together the "Initial Mandated Lead Arrangers" and the "Bookrunners") to arrange a USD 100 Million equivalent Dual-Currency Syndicated Term Loan Facility (the "Facility") on its behalf. 

• Emirates NBD CEO receives Banker of the Year Award18 June 2008

  Rick Pudner, Chief Executive Officer of Emirates NBD, the largest banking group in the Middle East in terms of assets, received the ‘Banker of the Year Award' from renowned industry magazine The Banker Middle East. Pudner received the recognition at The Banker Middle East Industry Awards ceremony which was held in Dubai.

• Al Tomooh Finance Scheme signs MoU with Saud bin Saqr Programme to support youth projects31 May 2008

  As part of its commitment to expand its operations across the country, Al Tomooh Finance Scheme which is an Emirates NBD initiative has signed a Memorandum of Understanding (MoU) with the Saud bin Saqr Programme to support youth projects, to finance Small and Medium Enterprises in the Emirate of Ras Al Khaimah.

• Emirates NBD Pearl Museum receives diplomatic delegation19 May 2008

  Emirates NBD Pearl Museum recently received, for the second year in a row, a delegation from the Diplomatic Ladies Association, headed by the spouse of the General Consul of Egypt, along with spouses of general consuls from various other countries in the Middle East and Africa.

• Ahmed Humaid Al Tayer receives high profile French delegation18 May 2008

  H.E. Ahmed Humaid Al Tayer, Chairman of Emirates NBD has recently received a high profile financial and economic French delegation headed by Mr. Patrick Braouezec, Member of the French Parliament and President of the Communes Plaine Community.

• Emirates NBD seals USD1.2billion syndicated Mudaraba Facility for Limitless LLC19 March 2008

  Global Debt Capital Markets & Overseas Corporate, unit of Emirates NBD, successfully closed a USD1,200,000,000 (USD/AED) dual tranche syndicated Mudaraba Facility with 18 banks from the Middle East, Asia and Europe.

• H.E. Ahmed Humaid Al Tayer, receives Turkish Minister of Economy23 February 2008

  H.E. Ahmed Humaid Al Tayer, Chairman of Emirates NBD, received H.E. Mehmet Simsek, the Turkish Minister of State for Economic Affairs and H.E. Murat Ates, the Turkish Consul General in the UAE.

• Emirates Bank adds two new hotspots to its vast network of branches23 January 2008

  Emirates Bank, an Emirates NBD company, announced the inauguration of two new branches in Old Town Dubai and Dubai Healthcare City.