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Emirates NBD announces new CNH Mandate (AME Info - 21/02/2012)

Emirates NBD PJSC, the largest bank in the UAE by assets, has mandated Emirates NBD Capital Limited, HSBC and Standard Chartered Bank to arrange investor meetings in Hong Kong and Singapore commencing on the 22nd of February. An offering of CNH (Offshore

Emirates NBD launches first gold investment account (Khaleej Times - 21/02/2012)

Emirates NBD, a leading bank in the region, announced today the launch of a new Gold Investment Account that will enable customers to buy gold in electronic form. The Gold Investment Account is the first of its kind in the region, and facilitates retail

ENBD launches Gold Investment Account (Trade Arabia - 20/02/2012)

Emirates NBD, a leading bank in the region today launched its new Gold Investment Account that will enable customers to buy gold in electronic form. The Gold Investment Account is the first of its kind in the region and facilitates retail banking

Emirates NBD picks banks for yuan bond (Reuters - 20/02/2012)

Dubai lender Emirates NBD has picked three banks to arrange investor meetings in Asia ahead of a possible offshore yuan-denominated bond, it said on Monday, heralding what would be the first 'dim sum' issue from the region. The move underlines the

Emirates NBD’s global fund of funds in strong showing (Khaleej Times - 20/02/2012)

Emirates NBD Asset Management announced on Sunday that its global fund of funds range demonstrated robust performance in 2011, outperforming their respective benchmarks to offer impressive returns to investors. This trend has continued into 2012 with the

Emirates NBD eyes Swiss franc bond (Reuters - 18/02/2012)

Emirates NBD, Dubai's largest bank, is planning to issue a Swiss franc-denominated bond and has appointed two banks to look at the sale, banking sources said. One of the sources said the banks appointed are Credit Suisse and BNP Paribas. 'The two

Abu Dhabi helps Dubai again with bank bailout (Reuters - 16/02/2012)

The acquisition of a struggling Islamic lender by Dubai's largest bank Emirates NBD was bankrolled in part by oil-rich neighbor Abu Dhabi, which helped Dubai avoid default just over two years ago, ENBD's finance chief said on Wednesday. In October, ENBD

ENBD posts Dh2.5b profit (Khaleej Times - 16/02/2012)

Emirates NBD (ENBD), the country’s largest bank in terms of assets, said on Wednesday that its 2011 net profits rose six per cent to Dh2.5 billion despite a 62 per cent fall in fourth-quarter profit as it boosted provisions for bad loans. The bank

Emirates NBD announces 2011 results (AME Info - 15/02/2012)

Emirates NBD, announced its results for the year ended 31 December 2011. Results Highlights - Net profit for 2011 of Dhs2.5bn, up 6% compared with the prior year - Earnings per Share for the year up 9% to Dhs0.41 - Encouraging revenue trends during the

Emirates NBD Quarterly Profit Declines 62% on Provisions (Bloomberg - 15/02/2012)

Emirates NBD PJSC (EMIRATES) reported a 62 percent decline in fourth-quarter profit as the United Arab Emirates’ biggest bank by assets boosted bad loan provisions and said it sees lending growing by 4 percent this year. Net income dropped to 152 million

ENBD sees high-profile departures (Gulf Times - 13/02/2012)

A customer enters an Emirates NBD bank branch in Dubai. Emirates NBD’s general manager of global markets and treasury John Eldredge is leaving the bank. Eldredge, who has been with the bank since 2004, said he would stay in Dubai but declined to discuss

Emirates NBD offers Mercedes auto loan (Khaleej Times - 11/02/2012)

Emirates NBD, a leading bank in the region, and Gargash Enterprises, the authorised distributor of Mercedes-Benz in Dubai launched a special offer on auto loans for select models of Mercedes Benz vehicles, to be availed through February 2012. Seen at the

Emirates NBD funds retain S&P ‘A’ ratings (Khaleej Times - 09/02/2012)

Emirates NBD Asset Management, the asset management arm of Emirates NBD, announced on Wednesday that Standard & Poor’s (S&P), had reaffirmed the ‘A’ rating for 2012 on five of its managed funds. The announcement follows S&P’s annual review of The

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