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Introducing Signature, a programme of distinction reserved for the upper crust of Emirates NBD
Our wealth solutions help you manage your financial future better and achieve your financial goals.
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We welcome you to a bespoke banking experience tailored to suit your private banking & wealth management needs, should you, your family, or your business have USD 5 Million (or currency equivalent) and above as Assets Under Management with us.
Everyday banking is a lot easier with our digital banking platforms and services.
Discover more about banking with usStart your banking journey with the leading bank in the region.
Find a suitable account and applyDiscover the benefits of being our customer by browsing through our banking packages.
Learn more about banking packagesLearn all about how to use your account's features and benefits to the fullest.
Visit our dedicated support center for answers to all your banking-related questions.
All our cards offer you an exciting range of rewards and benefits.
Find a suitable card and applyGet the most out of your credit card by exploring its different benefits.
Learn all about how to use your card's features and benefits to the fullest.
Visit our dedicated support center for answers to all your banking-related questions.
Here's how to make the most out of your loan with us.
Visit our dedicated support center for answers to all your banking-related questions.
Our various FX products and services help you conduct your international transactions easily.
Our wide range of transfer options make it easier for you to send money locally and internationally.
Learn all about how you can seamless use our services to transfer money.
Our wealth solutions help you manage your financial future better and achieve your financial goals.
Know more about our Wealth servicesLife is uncertain but you can be prepared to face adversity with our wide range of insurance plans.
Access to over 11,000 stocks and ETFs in Global and UAE markets
Visit our dedicated support center for answers to all your banking-related questions.
View support centreEveryday banking is a lot easier with our digital banking platforms and services.
Discover more about banking with usWe have over 200 branches and 900 ATMs and CDMs across the UAE and overseas.
Learn more about our services and get the most out of your banking relationship with us.
Visit our dedicated support center for answers to all your banking-related questions.
Start your Priority Banking journey and live your success
Introducing Signature, a programme of distinction reserved for the upper crust of Emirates NBD
Our wealth solutions help you manage your financial future better and achieve your financial goals.
Life is uncertain but you can be prepared to face adversity with our wide range of insurance plans.
Everyday banking is a lot easier with our digital banking platforms and services.
Learn more about our services and get the most out of your banking relationship with us.
We welcome you to a bespoke banking experience tailored to suit your private banking & wealth management needs, should you, your family, or your business have USD 5 Million (or currency equivalent) and above as Assets Under Management with us.
Everyday banking is a lot easier with our digital banking platforms and services.
Discover more about banking with usDubai, 15 February 2016
Emirates NBD (DFM: EmiratesNBD), the leading bank in the region, held its ninth Annual General Meeting (AGM) at the Bank’s Headquarters.
At the AGM, Emirates NBD Chairman, His Highness Sheikh Ahmed Bin Saeed Al Maktoum, presented a review of the year ended 31st December 2015. Commenting on the operating environment, HH said, “The UAE private sector economy has remained resilient in 2015, and with new projects being planned, from theme parks, hotels and infrastructure in the run up to Expo 2020, we can anticipate further healthy growth. The visionary leadership of the UAE government has introduced and implemented several initiatives, which will ensure sustainable growth in the UAE and reinforce its position as a major economic power in the region. In addition, our prudent and responsive monetary policy will hold us in good stead for continued growth and development.”
HH added, “We have a similar positive outlook at Emirates NBD, backed by a solid set of financial results with net profit up 39% to AED 7.1 billion for the first time in our history. Asset growth, an increase in income, a control on expenses and a significant improvement in the cost of risk have all contributed to our strong operating performance, with total income growing 5% to AED 15.2 billion. Despite a more challenging year for regional liquidity, the Bank’s balance sheet remains strong due to further improvements in credit quality, strong structural liquidity and robust capital ratios.”
The following resolutions were passed at the AGM:
His Highness Sheikh Ahmed Bin Saeed Al Maktoum added, “Our Retail Banking and Wealth Management business has grown from strength to strength, with fee income growing 12% during 2015, driven by an increase in foreign exchange remittance and the credit card business. We have invested in technology to offer customers a new paradigm in retail banking, in terms of accessible banking solutions as well as an enhanced customer experience. We have strengthened and expanded our footprint in 2015 with Private Banking showing strong growth in its core segments across the Gulf countries and the Global South Asian segment. Wholesale Banking continues to upgrade its Transaction Banking systems and improve levels of straight through processing. In Global Markets & Treasury, system upgrades will support the Bank’s recent significant enhancement in product capability. Moreover, we have successfully completed the integration of the Egypt business onto Emirates NBD’s systems platform, which will enable us to expand our presence further. “
Key financial highlights for 2015 included:
His Highness Sheikh Ahmed Bin Saeed Al Maktoum concluded, “Finally, I would like to thank Emirates NBD Group’s Board of Directors, members of the Executive Committee and employees for their continuous contribution and efforts towards our success in 2015. I also wish to thank our customers and shareholders for their continued support and trust.”
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