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Last 8.85 AED
Change Today +0.11 / 1.26%
Volume 683.5K
As of 5:55 AM 10/5/15 All times are local (Market data is delayed by at least 15 minutes).

emirates nbd pjsc (EMIRATES) Snapshot

Previous Close
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52 Week High
07/22/15 - 10.95
52 Week Low
12/16/14 - 6.08
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Current Stock Chart for EMIRATES NBD PJSC (EMIRATES)

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emirates nbd pjsc (EMIRATES) Details

Emirates NBD Bank PJSC, together with its subsidiaries, provides corporate, consumer, treasury, and Islamic banking services. Its corporate banking products and services include structured financing, current and savings accounts, customer deposits, overdrafts, trade finance, and term loans for government, corporate, and commercial customers; investment banking services; and Islamic products under Al Watani Al Islami. The company’s consumer banking products and services comprise retail loans and deposits, private banking and wealth management, equity broking services, asset management, and consumer financing services. Its treasury activities include the management of portfolio of investments, funds management, and interbank treasury operations. Emirates NBD Bank PJSC also operates Emirates NBD Egypt, Tanfeeth, and property management businesses. The company operates approximately 220 branches and 885 ATMs and cash deposit machines. It has operations in the United Arab Emirates, Egypt, the Kingdom of Saudi Arabia, Qatar, Singapore, and the United Kingdom; and representative offices in India, China, and Indonesia. The company was founded in 2007 and is based in Dubai, the United Arab Emirates.

Founded in 2007

emirates nbd pjsc (EMIRATES) Top Compensated Officers

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emirates nbd pjsc (EMIRATES) Key Developments

Emirates NBD Bank Mulls Acquisitions

Emirates NBD Bank PJSC (DFM:EMIRATESNBD) wants to invest at least $300 million in a new Shariah lender or acquire a stake in an existing one. Dhani Gunawan Idat, Director at Financial Services Authority said: "Islamic banking elsewhere is starting to reach saturation point. This investment will bring in fresh funds as well as Middle East expertise in infrastructure investment, which the economy needs."

Network International Plans IPO

Network International LLC is evaluating various options including an initial public offering. Emirates NBD Bank PJSC (DFM:EMIRATESNBD) and The Abraaj Group have not taken a decision yet to proceed with any transaction. The Abraaj Group is working with Bank of America Corp., Goldman Sachs Group Inc., JPMorgan Chase Inc. and Egyptian investment bank EFG-Hermes Holding SAE on a planned IPO of Network International, people with knowledge of the matter said. Emirates NBD may decide to retain its 51% stake.

Emirates NBD Bank PJSC Presents at Arqaam Capital Annual GCC and Africa Investors Conference 2015, Sep-14-2015

Emirates NBD Bank PJSC Presents at Arqaam Capital Annual GCC and Africa Investors Conference 2015, Sep-14-2015 . Venue: The St. Regis Saadiyat Island Resort, Saadiyat Island, Abu Dhabi, United Arab Emirates.


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