Emirates NBD
Top 2 in Top 10 Largest Banks in UAE
The Emirates NBD merger in 2007 between Emirates Bank International (EBI) and the National Bank of Dubai (NBD) resulted in the greatest amalgamation, combining the second and fourth largest banks in the United Arab Emirates (UAE) to build a banking empire with the largest asset base in the Gulf Cooperation Council (GCC).
Popular products:
- Emirates NBD Credit Card - It provides a variety of credit cards, each catering to a distinct consumer's demands. The Emirates NBD credit card has an interest rate of 1.49% and a minimum wage threshold of AED 5K.
- Emirates NBD Personal Loan - It provides six personal loans, each tailored to a specific customer. Examples include personal cash loans, personal loans for self-employed individuals, and personal loans for ex-pats and UAE nationals. The interest rate on an Emirates NBD bank loan begins at 2.38%.
Unique services:
- Factoring Services - to enhance cash flow and use current assets best. It will help you manage and track your domestic and international receivables.
- Wakala Deposits - Wakala is a Shari'a-compliant contract under which you, as a customer, can permit the Wakil (the Bank) to invest funds in Shari'a-approved operations for profit.
Total Assets: AED 500 Billion(As of December 2018)
Net Profit: AED 10 Billion(As of December 2018)
Popular account: Emirates NBD Savings account
Branches & ATMS in UAE: 33 Branches and 1081 ATMs
Website: https://www.emiratesnbd.com/en