| | |
| Company type | Public |
|---|---|
| ISIN | AEE000801010 |
| Industry | Banking Financial services Insurance |
| Founded | 19 June 1963 |
| Headquarters | Deira, Dubai, United Arab Emirates |
Key people | Ahmed bin Saeed Al Maktoum (Chairman) |
| Products | |
| Revenue | [1] |
| Total assets | [1] |
Number of employees | |
| Parent | Investment Corporation of Dubai |
| Website | www |
Emirates NBD Bank PJSC is Dubai's government-owned bank and is one of the largest banking groups in the Middle East in terms of assets.
Emirates NBD was initially formed as the National Bank of Dubai (NBD) on 19 June 1963 by then Dubai's ruler Sheikh Rashid bin Saeed Al Maktoum, forming the first national bank established in Dubai. NBD merged with Emirates Bank International (EBI) on 6 March 2007 to form Emirates NBD. On 16 October 2007, the shares of Emirates NBD were officially listed on the Dubai Financial Market (DFM).[ citation needed ]
On 1 December 2012 Dubai Bank was acquired by Emirates NBD. [3] [4] [5]
Emirates NBD is a leading banking group in the MENAT (Middle East, North Africa and Türkiye) region with a presence in 13 countries, serving over 9 million active customers. As of 30 June 2025, total assets were AED 1.086 trillion, (equivalent to approx. USD 295.7 billion). The Group has operations in the UAE, Egypt, India, Türkiye, the Kingdom of Saudi Arabia, Singapore, the United Kingdom, Austria, Germany, Russia and Bahrain and representative offices in China and Indonesia with a total of 826 branches and 4,555 ATMs / SDMs. Emirates NBD is the leading financial services brand in the UAE with a Brand value of USD 4.54 billion.
Emirates NBD Group serves its customers (individuals, businesses, governments, and institutions) and helps them realise their financial objectives through a range of banking products and services including retail banking, corporate and institutional banking, Islamic banking, investment banking, private banking, asset management, global markets and treasury, and brokerage operations. The Group is a key participant in the global digital banking industry with 97% of all financial transactions and requests conducted outside of its branches. The Group also operates Liv, the lifestyle digital bank by Emirates NBD, with close to half a million users, it continues to be the fastest-growing bank in the region.
Emirates NBD contributes to the construction of a sustainable future as an active participant and supporter of the UAE’s main development and sustainability initiatives, including financial wellness and the inclusion of people of determination. Emirates NBD is committed to supporting the UAE’s Year of Sustainability as Principal Banking Partner of COP28 and an early supporter to the Dubai Can sustainability initiative, a city-wide initiative aimed to reduce use of single-use plastic bottled water.[ citation needed ]
The Group employs more than 30,000 people, representing more than 90 nationalities, making it one of the largest and most culturally diversified employers in the UAE.
On October 7, 2022, Emirates NBD Bank PJSC sold 86,316,964 ordinary shares of BankIslami Pakistan Limited to JS Bank Limited. [6]
Emirates NBD has announced its plans for further expansion in India, following approval from the Reserve Bank of India (RBI) to open two additional branches in Gurugram and Chennai to cater to the northern and southern markets of India. [7]
It has been widely reported that the bank is in the race with Sumitomo Mitsui Banking Corporation to acquire a majority stake in Yes Bank. [8] [9] [10] [11] [12] [13]