A listing could come as soon as the middle of this year
The bank’s total income was Dhs23.8bn, a 3 per cent rise over the previous year
The number of commercial banks operating in the UAE totalled 58 in 2020 against 51 in 2010
The bank reported a nine-month total income of Dhs17.3bn as compared to Dhs18.3bn in the previous year
Emirates NBD acted as bookrunner, mandated lead arranger and global agent for the transaction
The new branches will be in Gurugram and Chennai
The Dubai-headquartered bank is the Official Premier Partner of Expo 2020 Dubai
The limited-edition cards are designed to enhance the Expo 2020 Dubai experience for both residents and visitors
Total income declined 9 per cent year-on-year to Dhs11.54bn
Emirates NBD the largest financial services bond issuer on Nasdaq Dubai through seven listings with a total value of $5.1bn
Emirates NBD has about $5.7bn of debt maturing this year, according to data compiled by Bloomberg
Total income of Dhs23.2bn improved 4 per cent year-on-year
The move was implemented as per the directives of the UAE President Sheikh Khalifa bin Zayed Al Nahyan
Total income for the first nine months of 2020 amounted to Dhs18.27bn
The smartSCF platform will provide automated tools to optimise working capital and reduce transaction costs
Traditional lenders and fintech players can grow simultaneously, offering customers a myriad of services
Evolution of the regional banking ecosystem has propelled economic growth in recent years, and continues to progress apace
Bank Leumi currently holds approximately 30 per cent market share in the Israeli banking system
The agreement will allow Israeli clients to transact directly in the UAE
A zero per cent credit card installment plan has been introduced for a wide range of DMCC services
Discussions between Bank Leumi and Emirates NBD Bank are at an early stage and no final decisions have been made
Second-quarter net profit for UAE-based top banks jumps 21 per cent
On August 19, the listed public joint stock companies booked Dhs11.7bn in gains
Discussions are still ongoing
The perpetual bond is callable after six years and pays a coupon of 6.125 per cent
Net interest income worth Dhs9.3bn improved 36 per cent year-on-year in H1 2020
The bank is offering the Skywards Infinite Card, Etihad Guest Premium Credit Card, and the free for life Cashback Plus Visa Signature Credit Card and RTA Credit Card to healthcare professionals
The bank stated that 101,731,408 of its shares were purchased by 254 unique investors on May 28
The acquisition of a 100 million shares is worth around Dhs900m
In this year’s Forbes list of the Middle East’s Top 100 Companies 2020, Saudi Arabia led the pack with 33 entries