By Andy Sambidge
Dubai's biggest bank launches new branded savings account which pays more interest based on the goals scored by the team
Dubai's biggest bank, Emirates NBD, on Sunday said it has strengthened its on-going partnership with Manchester United Football Club with the launch of a new savings account and debit cards.
The launch of the Emirates NBD Manchester United products is part of the bank's position as the exclusive financial partner for Manchester United Football Club in the UAE.
The Emirates NBD Manchester United savings account will initially pay an interest rate of 0.25-0.50 percent that will be based on the number of goals scored by the Manchester United team, so the better the club performs the higher the earnings for customers.
The new products build on the launch of Emirates NBD's Manchester United credit cards in September last year.
"The bank's partnership with Manchester United Football Club has been widely seen as one of the most successful sports affinity partnerships that the football club has signed across the world, with fans being offered substantial benefits when they apply for the branded cards," the bank said in a statement.
Suvo Sarkar, general manager, Retail Banking & Wealth Management, Emirates NBD, said: "The launch of the co-branded savings account and debit cards is a huge step in cementing our partnership with one of the leading football clubs in the world."
Richard Arnold, Manchester United's Group managing director, added: "With nearly 1 million followers in the UAE, this is another wonderful way for our fans to engage with the club. Our partnership with Emirates NBD has already proved a successful one, and I am delighted that we are able to extend our relationship even further."