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July 03, 2015 9:10 AM ET


Company Overview of Noor Bank PJSC

Company Overview

Noor Bank PJSC provides personal and corporate banking, wealth management, insurance, treasury, and trading services. Its personal banking services include personal accounts, credit cards, deposits, safe deposit lockers, personal finance, home finance, auto finance, donations, and mutual funds. The company’s corporate banking services comprise corporate accounts, corporate deposits, corporate finance, global transaction, trade services, Islamic factoring, and customer services. It also offers wholesale banking services, such as investment banking and treasury services. In addition, the company provides business banking services, including cash management, structured products, and hedging sol...

Building 1, Level 8

Emaar Square

Downtown Dubai

PO Box 8822


United Arab Emirates

Founded in 2007


971 4 4268888


971 4 3456789

Key Executives for Noor Bank PJSC

Chief Executive Officer, Director and Group Chief Executive Officer of Noor Investment Group LLC
Age: 58
Chief Operating Officer and Deputy Chief Executive Officer of Noor Investment Group LLC
Head of Treasury Sales
Head of Sukuk Desk
Head of Money Markets
Compensation as of Fiscal Year 2015.

Noor Bank PJSC Key Developments

Noor Bank Approves Cash Dividend for 2014

The shareholders of Noor Bank approved a 10% cash dividend for 2014 during the annual general meeting held on March 26, 2015.

Noor Bank Reports Earnings Results for the Year 2014

Noor Bank reported earnings results for the year 2014. For the year, the company's net profit jumped 166%, adding that it is well positioned to maintain a balanced growth in 2015. The bank reported net profit of AED 678.1 million in 2014.

Noor Bank to Expand into Turkey

Noor Bank announced that it is looking to expand into Turkey and other nations in order to escape tougher competition at home. The expansion would also allow it to take advantage of a booming global sharia-compliant finance industry.

Similar Private Companies By Industry

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