Last Update 23/05/2013 14:05 AST
The Company was incorporated as a public joint stock company in Dubai, with an initial authorized share capital of AED 300,000. On 18 of July 2007, The Company increased its share capital to AED 4,393,500,000. The Company has been incorporated in order to effect a merger between Emirates Bank International (EBI) and National Bank of Dubai (NBD). This Merger is to be effected through the acquisition by the company of the share capitals of both banks, with the aim of becoming a leading financial institution in the region and globally.
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