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On 1 December 2012 Dubai Bank was acquired by Emirates NBD. [ 3 ] [ 4 ] [ 5 ] As of 31 December 2020, total assets were DH 698 billion , deposits of AED 464 billion, a total income of AED 23.21 billion, and a net profit of AED 7 billion, making it one of the top financial institutions of the UAE , with a brand value of US$ 3.89 billion. [ 6 ]
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Bank Name [1] Bank name (in Arabic) Headquarters Stock code (if applicable) [2] [3] Abu Dhabi Commercial Bank: بنك أبوظبي التجاري: Abu Dhabi: ADX: ADCB: Abu Dhabi Islamic Bank: مصرف أبوظبي الإسلامي: Abu Dhabi: ADX: ADIB: Ajman Bank: مصرف عجمان: Ajman: DFM: AJMANBANK: Al Hilal Bank: مصرف ...
In September 2011, Emirates NBD, the largest bank by assets in the United Arab Emirates, [5] [6] established Tanfeeth, a fully owned back-office subsidiary to improve its customer service and operational efficiency.
The Emirates Development Bank (EDB) is an Emeriti state-owned financial institution established in 2015 in the United Arab Emirates under the patronage of Sheikh Mansour bin Zayed Al Nahyan, Deputy PM and Minister of Presidential Affairs of UAE. [2] [3] [4] It is one of the largest banking groups in the Middle East in terms of assets. [5] [6]
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In 2007, Emirates National Bank of Dubai (ENBD) was formed through the merger of EBI and NBD, [35] with a market capitalisation of over $11.3 Billion. [ 36 ] [ 37 ] In the same year, the Government of Dubai consolidated its holdings in the Dubai Financial Market and Dubai International Financial Exchange to Borse Dubai , [ 38 ] which also ...
[9] [2] He also serves on the board of directors of Emirates NBD Bank since June 2011, [10] Emirates Islamic Bank, [11] and Emaar Malls between December 2017 and September 2021. [12] [13] Al Hussaini was elected as the President of the Development Committee of the World Bank Group on October 15, 2022. [14] [4]