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Emirates NBD opens branch at The Residences

Conveniently located branch serves residents, visitors to Downtown Dubai, Dubai Mall, Burj Khalifa Second Emirates NBD branch to open in 2010 Emirates NBD, the largest banking...

Emirates NBD launches Jersey Offshore Deposits

Available across currencies and tenors Very attractive promotional interest rates available now Emirates NBD, the largest banking group in the...

Emirates NBD to utilize services of Fitch Ratings, Moody’s, Capital Intelligence

Emirates NBD discontinues use of S'&'P Ratings Emirates NBD announced today that the company has elected to discontinue use of Standard '&' Poor's...

Emirates NBD unveils first rebranded branch

Emirates NBD, the Middle East’s largest bank by asset size, unveiled today its first fully rebranded branch, reflecting the successful conclusion of...

Punjab National Bank Granted License to Operate from DIFC

DIFC is Strategic Base for Bank's Middle East and Africa Operations Punjab National Bank (PNB), India's No.1 ranked nationalized bank, has received a license to...

Emirates NBD announces senior appointments

1. Appoints Head of Priority Banking, Vice President for Credit and Collections 2. Industry veterans with nearly 40 years of collective experience to support growth...

Lloyds TSB Middle East announces third Undergraduate Programme for UAE nationals

Lloyds TSB Middle East, part of one of the world’s largest banking groups, today announced the launch of the third annual Undergraduate...

Central Bank to establish currency printing plant

The Central Bank of the UAE announced today that it has started laying down the bases for constructing a purpose-built building to house...

None of DEWA’s borrowers are in default

Dubai Electricity '&' Water Authority (DEWA) would like to make the following announcement for the benefit of the public in view of the diverse...

Central Bank backs banks operating in UAE

Central Bank of the UAE announced today that it stands behind UAE banks and branches of foreign banks operating in the country. Central Bank...

Dubai lslamic Bank launches new Al Islami Online Banking

1.New system offers array of faster and easier transactions 2.Allows access to over 50 different services 3.New system protected by state-of-art security enhancements In line with its...

Bank Saudi Fransi builds proactive protection against malicious threats

New IPS strengthens security of BSF’s network and infrastructure running several international and customised banking applications Banque Saudi Fransi (BSF), a Saudi Arabian full service...

Middle East Credit Reporting Association formed

1. Non-profit voluntary organisation to create awareness and promote credit reporting in region 2. Neutral body to facilitate credit information sharing on companies and individuals...

Emirates Islamic Bank integrates Emcredit services to efficiently manage risk

1. Bank to use Credit Scope to mitigate risk; calls for greater information sharing and increased transparency 2. Joins Emcredit’s growing member base In a...

State Bank of India launches Corporate Banking Services from DIFC

Global Fortune 500-listed State Bank of India (SBI), has started providing a complete range of banking services from its base in the Dubai International...

DED and Commercial Bank of Dubai sign agreement to facilitate electronic...

The Dubai Department of Economic Development (DED) and Commercial Bank of Dubai (CBD) have signed a co-operation agreement to give customers the option...

Central Bank reduces interest rate on liquidity support facilities to 1.5%

H.E. Khalil Mohamed Sharif Foulathi, Chairman of the Board of Directors of the Central Bank of UAE, announced today that, with effect from Tuesday,...

DED and Mashreq sign agreement to facilitate electronic payment of trade...

The Dubai Department of Economic Development (DED) and Mashreq have signed a co-operation agreement to facilitate the electronic payment of trade licenses fees. The...