GulfBase Live Support
Leave a message and our representative will contact you soon
08/11/2017 15:14 AST
Emirates NBD, a leading bank in the region, has marked the commencement of operations in India with the inauguration of its first branch in Mumbai.
The Mumbai branch, centrally located in Maker Maxity, Bandra Kurla Complex, marks the bank’s fifth international branch outside of its UAE network. The branch will offer a range of services to corporate, SME and institutional clients including trade finance, treasury services, bilateral and syndicated loans in addition to supporting non-resident Indian customers looking for cross-border wealth management solutions.
Shayne Nelson, Group CEO of Emirates NBD, said, "We are delighted to expand our footprint to India, building on the UAE’s strong historic, cultural and commercial ties with the country. As a key trading partner of the UAE and as one of the fastest growing economies in the world, India represents an important and strategic growth market.
"Emirates NBD is the only UAE-based bank with physical presence across all of India’s important trade corridors from the Middle East and North Africa across to Asia and the United Kingdom and our aim is to be the bank of choice for Indian corporates and individuals looking to invest and do business in the MENA region."
Indians constitute the largest expatriate community in UAE and a third of Emirates NBD’s customer base is from India.
Press Release
28/03/2018
The eleventh annual general meeting of Emirates NBD on Tuesday approved the bank’s proposed increase of capital through a rights issue of new shares worth up to Dh7.3 billion.
The increase
Gulf News
23/03/2018
Emirates NBD could agree to buy Turkey’s Denizbank within weeks, after intense lobbying by the Turkish bank to convince President Tayyip Erdogan of the benefits of the potential $5.3 billion deal.
Arab News
12/03/2018
Emirates NBD said on Sunday it plans to increase capital by Dh1.8 billion to Dh7.35 billion through issuance of new shares ahead of a potential acquisition in Turkey, along with an increase in the fo
Gulf News
Ticker | Price | Volume |
---|---|---|
SABIC | 114.77 | 5,915,941 |
05/04/2018
SABIC announced the successful completion of the pilot operation of the Methyl Methacrylate Monomer (MMA) and Poly Methyl Methacrylate (PMMA) plants and the commencement of commercial operations.
Saudi Gazette
05/04/2018
Standard & Poor’s (S&P) has affirmed QIB’s Issuer Credit Rating at A-, Qatar’s leading Islamic bank has said in a release. According to S&P, the major contributing factors strengthening QIB’s rating
Gulf Times
05/04/2018
Qatar National Bank (QNB) aims to increase its profit by 5-8 percent this year and loans and investments by 10-12 percent, helped by expansion into faster-growing Southeast Asia markets, its CEO told
The Peninsula
04/04/2018
Doha Bank has announced the official inauguration of its Chennai Branch, in the southern Indian state, will be held today. This is Doha Bank’s third city in India after its successful establishment o
The Peninsula
04/04/2018
Bank of Sharjah said it has engaged SHUAA Capital International as liquidity providers for its shares and will commence the activity from April 4. SHUAA Capital International shall not hold more than
Gulf News