Browse related articlesUAE banks in super-merger
United Arab Emirates: Wednesday, March 07 - 2007 at 07:23
National Bank of Dubai and Emirates Bank International have agreed a merger to create the UAE's largest bank, Reuters reported. The merged bank will have a market value of $12bn, controlling $45bn in assets. Sources suggest that a Dubai government decision was behind the move. The Dubai government owns 14% of NBD and 77% of EBI.
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James McInerney, News EditorWednesday, March 07 - 2007 at 07:23 UAE local time (GMT+4)
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This Article was updated on Thursday, June 21 - 2007
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