Emirates NBD is a leading banking Group in
the region. As at 30th September 2013, total assets were AED 332.3
billion. The Group has a leading retail banking franchise in the UAE,
with 210 branches and over 921 ATMs and CDMs in the country and overseas.
It is a major player in the UAE corporate and retail banking arena and has
strong Islamic Banking, Global Markets & Treasury, Investment Banking,
Private Banking, Asset
Management and
Brokerage operations. Emirates NBD’s vision is to be globally recognised
as the most valued financial services provider based in the Middle East.
The Group has operations in the UAE, Egypt, the Kingdom of Saudi Arabia, Qatar,
Singapore, the United Kingdom and Jersey (Channel Islands), and representative
offices
in India, China and
Indonesia. As a socially responsible corporation, Emirates NBD is
committed towards integrating environmental and social developments in
its business operations via its Corporate Social Responsibility (CSR)
strategy which focuses on healthcare and wellbeing, education, and the
environment. Preservation of the UAE culture and heritage are at the
heart of the Group’s efforts. In addition to supporting various initiatives
aimed at preserving the UAE culture, in 2003, Emirates NBD launched the
first pearl museum in the region, containing one of the largest
collections of natural pearls in the world. Currently, more than 9,000
people, representing over 70 nationalities, are employed by Emirates
NBD, making it one of the largest and most culturally diversified employers in
the UAE. As a National banking champion, Emirates NBD is an ambassador of
economic and social progress for the entire UAE to the world
National Bank of Abu Dhabi
The National Bank of Abu Dhabi (NBAD) was incorporated in 1968 and is listed on the Abu Dhabi Securities Exchange (ADX), under stock code (NBAD). Ranked as one of the top 50 safest banks in the world since 2009 and the Safest Bank in the Emerging Markets, NBAD currently operates across 18 countries on five continents. NBAD provides its customers with a wide variety of financial services targeting all segments of the consumer and corporate markets. NBAD is rated senior long term/short term AA-/A-1 by Standard & Poor’s (S&P), Aa3/ P1 by Moody’s, AA-/F1+ by Fitch, A+ by Rating and Investment Information Inc (R&I) Japan, and AAA by RAM (Malaysia) , giving it one of the strongest combined rating of any globalfinancial institution.
As a major leading bank in the UAE, First Gulf Bank (FGB) had Shareholder Equity of AED 29.8 billion as of September 30th, 2013 making it one of the largest equity based banks in the UAE. Established in 1979 and headquartered in the UAE capital, Abu Dhabi, the bank offers a full range of financial services to business and consumer sectors throughout an extensive network of branches across the UAE. Internationally FGB has branches in Singapore and Qatar, representative offices in India and Hong Kong and a subsidiary in Libya. Today, FGB is recognised as a world-class organisation committed to maximising value for shareholders, customers and employees as it focuses on delivering banking products and services that meet client needs and support the UAE’s dynamic economy. In line with its commitment to excellence the bank continues to invest significantly in people and technology to provide superior service standards. First Gulf Bank was awarded the ‘Best Bank in the United Arab Emirates’ and ‘Best Bancassurance’ titles at the Banker Middle East Industry Awards 2013. It was also ranked as the 3rd most powerful company in the UAE and 6th leading bank in Forbes’ ‘Top 500 in the Arab World’ list. First Gulf Bank carries an A+ Long-Term (IDR) rating from Fitch, an A2 Long Term Deposit rating from Moody’s, an A+ Long Term Foreign Currency Rating from Capital Intelligence and a AAA Long-Term Financial Institution Rating from RAM Ratings of Malaysia.
ADCB
was formed in 1985 and as at 30
September 2013 employed over 3,000 people from 56 nationalities, serving over
500,000 retail customers and approximately 40,000 wholesale clients in 50
branches, 3 pay offices in the UAE and 2 branches in India and 1 branch in
Jersey. It is the fourth largest bank in the UAE and third largest in Abu Dhabi
by assets, at AED 175 bn as at 30 September 2013. ADCB is a full-service commercial
bank which offers a wide range of products and services such as retail banking,
wealth management, private banking, corporate banking, commercial banking, cash
management, investment banking, corporate finance, foreign exchange, interest
rate, currency, derivative and Islamic products, project finance and property
management services. ADCB is owned 58.08% by the Abu Dhabi Government through
the Abu Dhabi Investment Council. Its shares are traded on the Abu Dhabi
Securities Exchange. As at 30 September 2013, ADCB’s market capitalisation was
AED 26 bn.
Abu
Dhabi Islamic Bank (ADIB) was established on
May 20, 1997 as a Public Joint Stock Company through the Amiri Decree No. 9 of
1997. With its headquarters in Abu Dhabi, United Arab Emirates, the Bank commenced
its commercial operations on November 11, 1998. ADIB is listed in the Abu Dhabi
Securities market and operates under the supervision and the regulatory framework
of the UAE Central Bank. ADIB’s mission is to offer Islamic financial solutions
for the global community, and its vision is to be a top tier Islamic financial
services group. The Bank carries out all contracts, operations and transactions
in accordance with Islamic Shari’a principles.ADIB’s core values, reflected in
all its activities are: Simple and Sensible; Transparent; Mutual Benefit;
Hospitality and Tolerance; and Shari’a inspired. It brings to its customers
banking as it should be. ADIB has fast become a pillar of Islamic banking in the
UAE and the Middle East. The bank’s contributions to the UAE economy and Islamic
banking have been recognized through awards and international honors including
the “Best Overall Islamic Bank” award from Islamic Finance News. In addition to
that, ADIB was able to register a record- breaking profit each quarter and maintainits
leading position in customer servicewith the number 1 rating from Ethos Consultancy,
which saw an increase in customer base to more than 500,000 customers. ADIB
expanded its local presence to be the 3rd largest retail bank in the UAE with
80 branches and more than 550 ATMs and it is now growing its presence in new countries
such as Egypt, KSA, UK, Sudan, Iraq and Qatar.
Union National Bank (UNB) is a public joint stock company incorporated under the laws of the United Arab Emirates in 1982. UNB is the only bank in the UAE with significant shareholdings by the Governments of both Abu Dhabi (50%) and Dubai (10%). The remaining 40% of the shares are publicly held. The shares of UNB are listed on Abu Dhabi Securities Exchange.
National Bank of Fujairah
Incorporated
in 1982, National Bank of Fujairah PSC (NBF) is a full services corporate bank with strong corporate and
commercial banking, treasury and trade finance expertise as well as an
expanding suite of personal banking options. Leveraging its deep banking
experience and market insight within Fujairah and the UAE, NBF is
wellpositioned to build lasting relationships with its clients and help them
achieve their business goals. NBF’s key shareholders include the Government of
Fujairah, Easa Saleh Al Gurg Company LLC and Investment Corporation of Dubai.
It is listed on the Abu Dhabi Securities Exchange under the symbol “NBF” and
has a branch network of 14 across the
UAE.
NBF’s commitment to the economic development of the UAE and home emirate of Fujairah
is evident through its support of industries ranging from oil and shipping to services,
manufacturing, construction, education and healthcare. The bank’s firm financial
footing is also well-recognised in the capital markets, where it is the
partner-ofchoice for leading global counterparties in regional syndications. With
its solid track record, strong cultural heritage, deep market insight and
unwavering focus on service and innovation, NBF seeks to develop lasting
relationships with its customers as it helps them make the best of
opportunities in the ever-changing marketplace.
www.nbf.ae
Bank of Sharjah was incorporated on December 22, 1973, operations started in May 1974 as the first consortium bank to be established in the GCC in association with Banque Paribas. The Bank was the first financial institution in Sharjah to make 40% of its capital available for public subscription. Bank of Sharjah has been governed by a series of fundamental principles that represent its core values, that shapes the culture and defines the character of the organization. Our values are: Performance Ethics Transparency Initiative Commitment Quality The Bank is primarily a corporate Bank, catering to UAE-based businesses, SMEs, the government, and government related entities. It offers general banking services, project finance, trade facilities, syndicate loans, and short-to-medium term loans. In addition, the Bank engages in private banking, wealth management, and investment. In July 2007, Bank of Sharjah acquired Banque de la Bekaa SAL in Lebanon, renamed Emirates Lebanon Bank S.A.L. In September 2008, Bank of Sharjah through Emirates Lebanon Bank S.A.L., acquired the assets and liabilities of Banque Nationale de Paris Intercontinental, Beirut, a member of BNP Paribas Group, the first full banking venture by the U.A.E. in Lebanon. The venture allows our customers in the U.A.E. and Lebanon to use the financial network and services of both Bank of Sharjah and Emirates Lebanon Bank S.A.L. In May 2012, Bank of Sharjah finalized and signed a cooperation agreement with Commerzbank International S.A. to set up a new Private Banking Wealth Management (PBWM) division. PBWM division will provide the UAE public in general, and Bank of Sharjah clientele in particular, with direct access, through its own facilities, to one of the world’s major financial institutions in order to benefit from their expertise, network and technical know-how in the field of Wealth Management.
Ajman Bank
Ajman
Bank is the first Shariah based Islamic
bank incorporated and headquartered in the Emirate of Ajman and it intends to
become one of the favorite financial services providers across the UAE. Ajman
Bank is an Islamic commercial bank built on the values of integrity, trust and transparency.
The bank provides a wide range of value-driven banking services in the UAE for
individual, business and government clients, all in compliance with Shariah
principles.
Ajman Bank seeks out the market’s best products, people and technology in order to deliver what customers want, how they want it, delivering real value and recreating that human touch lost in modern banking. Ajman Bank started its operations in 2009 and now operates with 11 branches spread across the Emirates. Headquartered in Ajman and strongly supported by its government, Ajman Bank is the keystone of the emirate’s economic development strategy and is in a position to benefit from its growth and potential like no other. Ajman Bank is committed to becoming a sustainable organization in its truest sense, balancing care for the community and employees with the business of delivering value to its shareholders and customers. Ajman Bank also offers tailored products, with its product range, designed to meet various customers’ needs. Ajman Bank Shariah compliant products are structured using Islamic financing techniques, among others: Mudarabah, Ijarah, Musharakh, and Istisna’a. Our products include Credit Card, Home Finance, Personal Finance and Auto Finance.Ajman Bank also offers different types of accounts that match all its customers’ needs such as Payroll account, Savings account, and Current account.
