Emirates NBD Announcement

1 Min | 30 January 2018

Emirates NBD Bank PJSC (Emirates NBD) routinely evaluates potential opportunities in different markets.

Dubai, 30 January, 2018: Emirates NBD Bank PJSC (Emirates NBD) routinely evaluates potential opportunities in different markets. Emirates NBD confirms that it has commenced initial strategic discussions with Sberbank of Russia (Sberbank) regarding Denizbank A.Ş. (Denizbank), including the possibility of Emirates NBD acquiring Sberbank's existing shareholding in Denizbank. Discussions are at a very preliminary stage and there is no certainty that any transaction will be entered into. A further announcement will only be made if there is a material development.

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