Emirates NBD

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Recent Press Releases

• Emirates NBD steps up training and development efforts10 June 2009

  Emirates NBD, the largest banking group in the Middle East in terms of assets has celebrated the graduation of more than 100 motivated employees who were awarded the Institute of Leadership Management Certificate (ILM) in Team Leading at a graduation ceremony.

• Emirates NBD wins 2008 MRM Business Award for Finance7 April 2009

  Emirates NBD, the largest banking group in the Middle East in terms of assets has won the Mohammed bin Rashid Al Maktoum Business Award for Finance 2008.

• Emirates NBD suggests to shareholders increasing its Tier 2 Capital5 March 2009

  In a step aimed at availing of the option that was offered to all UAE banks, and in order to enforce its capital adequacy, Emirates NBD announced in a notice to its shareholders regarding its Second Annual General Meeting (AGM) and Extraordinary General Meeting (EGM) which will be held on 25th of March 2009, that the EGM agenda will include an article for approval on conversion of the first tranche of the UAE Government – Ministry of Finance loans into Tier 2 Capital, and authorizing the Bank’s Board of Directors to take all necessary actions to that effect.

• Emirates Bankers' Forum hosts Governor of the Banque de France22 January 2009

  The Emirates Bankers' Forum, which is Organised by Mr. Sulaiman Al Mazroui, President, Emirates Bankers Forum received Mr. Christian Noyer, Governor of the Banque de France who is visiting the UAE as part of his tour in the region to discuss means of cooperation between France and the GCC region.

• H.E. Ahmed Humaid Al Tayer receives Union of Arab Banks Secretary General25 December 2008

  H.E. Ahmed Humaid Al Tayer, Chairman of Emirates NBD recently received, Dr. Fouad Chaker, Secretary General of the Union of Arab Banks along with Mr. Wissam Fattouh, Deputy Secretary General, Union of Arab Banks.

• H.E. Ahmed Humaid Al Tayer: “We remain dedicated to achieving the aspirations of the country”24 December 2008

  Emirates NBD, the largest banking group in the Middle East in terms of assets has recently held its Annual Staff Gala Dinner and Wedding reception.

• The Rotary Club of Dubai hosts Suleiman Al Mazroui22 December 2008

  The Rotary Club of Dubai has recently organized its Third Networking Night at the Burj Al Arab Hotel in Dubai.

• Emirates NBD to hold largest staff gathering and mass wedding reception17 December 2008

  Emirates NBD, the largest banking group in the Middle East in terms of assets has announced that it will hold its Annual Staff Gala Dinner and Wedding reception tonight (Thursday 18th of December, 2008).

• 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.