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Monday, November 9 - 2009

Emirates NBD extends an invitation to its Private Banking clients to attend Royal Ascot

  • United Arab Emirates: Thursday, July 03 - 2008 at 11:22
  • PRESS RELEASE

Emirates NBD's Private Banking recently hosted prominent guests at their private box during Royal Ascot, the most famous race meeting in the world, and the pinnacle of the flat racing season in the UK.

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  • VIP guests at Emirates NBD's chalet at Royal Ascot.
    VIP guests at Emirates NBD's chalet at Royal Ascot.
The Emirates NBD chalet provides guests with outstanding views of the race course from the fourth floor of the prominent grandstand at Ascot racecourse which is synonymous with quality, style and excellence in providing unparalleled racing and a memorable day out.

Mr. Jamal Bin Ghalaita said,

"Our Emirates NBD private chalet at Royal Ascot offers our clients a comfortable yet lavish environment to enjoy the much-awaited annual event that attracts over 300,000 race-goers each year. Emirates NBD Private Banking exudes the finest in banking service quality. Today's investors are justifiably more sophisticated and our teams of relationship managers and product specialists in Dubai, London and Jersey ensure that client assets achieve maximum performance. Leveraging the resources of the Bank's global Alliance partners, the Bank's wealth management services are extended across a range of key financial centers. New approaches to gaining improved yield and continued wealth generation are offered, with the provision to offer Sharia compliant solutions."


Mr. Duncan Steele-Bodger, Director and Head of Private Banking in London said: "We are proud to be hosting our clients and guests at Royal Ascot, which is seen as the jewel in Ascot's crown, to enjoy five days of the finest racing, fashion and glamour. The Emirates NBD Private Banking office in London is conveniently located in the heart of Knightsbridge and provides clients with a full wealth management offering. Although our Private Banking clients are predominantly linked to the UAE - economically, socially and culturally - their wealth is typically invested globally and we are on hand to support them. At the London office there is a particular emphasis upon real estate and we have a specialist Real Estate Investment Team dedicated to providing a one-stop service, for residential and commercial property, covering the UK and Europe for our clients".

Emirates NBD Private Banking maintains high ethical and professional standards of personalized service in order to best serve client investment interests. The Bank identifies measures and monitors risks and returns determined by individual client's risk profiles and investment strategies. Portfolio risk tolerance is maintained through careful security selection and asset allocation. The Bank's focus on 'Best of Class' solutions ensures the proactive analysis and assessment of all resources and options available. In addition to these benefits of the Private Banking service, a full-service investment management service, an offshore trust formation service, and a real estate investment service are provided.
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About Emirates NBD
Emirates NBD (DFM: ENBD) is the biggest banking group in the Middle East by assets and the biggest banking group in the UAE by market capitalization. The Group has a leading retail banking franchise in the UAE, with over 110 branches and over 474 ATMs. It is a major player in the UAE corporate banking arena, with a combined market share of almost a fifth of corporate loans. It also has strong Islamic banking, investment banking, private banking, asset management and brokerage operations. The Group has operations in the UAE, the Kingdom of Saudi Arabia, Qatar, the United Kingdom and Jersey (Channel Islands), and representative offices in India, Iran and Singapore.

About National Bank of Dubai
Founded in 1963, National Bank of Dubai is the oldest, locally incorporated bank in the Southern Gulf. Known as the bank with a performance that is second-to-none, NBD has built a reputation of stability and strength much appreciated by shareholders and customers alike. Recognizing this leading performance, NBD has been awarded with the Dubai Quality Award for the year 2005.

Offering diversified financial services, NBD is a leader in corporate banking. Its portfolio covers a wide range of services including transport, real estate, construction, manufacturing, tourism and service industries throughout the region. In addition, NBD's 'Private Office' provides private banking services, offering highly tailored solutions to preserve and protect the personal wealth of its customers. Along with supplying customers with a variety of exclusive service based products, secured facilities, Credit Cards, personal loans, , auto loans and home loans, National Bank of Dubai also offers a variety of treasury products and services, advising customers on exchange markets and interest rate outlook. NBD, also launched Suhail Priority Banking Services, a premier banking service offering customers personalized relationship management and a host of exclusive products and services. Furthermore, NBD offers customers automated banking services, which consist of an internet service (NBD Online), a telebanking facility (NBD Telebank), an SMS based service (NBD Mobile) and an online brokerage trading in UAE shares through its subsidiary, NBD Securities.

NBD also recently established NBD Investment Bank which is its investment arm operating from DIFC. With a comprehensive card portfolio that provides an array of benefits, NBD has, over the years, built a wide ATM network as well as Point of Sale terminals in select locations throughout the UAE.

National Bank of Dubai currently has an extensive branch network that includes 39 branches throughout the UAE. In addition, NBD also has a branch in London and Qatar as well as a representative office in Tehran.

About Emirates Bank
Emirates Bank offers a full range of retail banking products and services under the 'me' brand name. These include: Current & Savings Accounts, Tiered Saving Accounts, Term Deposits, Personal Loans, Car Loans, Credit Cards, Insurance Products, banking products for Indian and Lebanese Expatriates, as well as well as Credit Card Loyalty Programme. In addition, Emirates Bank offers its customers priority banking services through Al Shaheen.

Emirates Bank offers its customers the convenience of banking across a range of channels (on-line, phone banking) and through visiting one of the wide network of branches across the UAE. Emirates Bank has been awarded the coveted status of a 'Superbrand' for the past four consecutive years.

For more press information please contact:
Zeina El Haj
Head of Marketing, Communication & Events
For Consumer Banking & Wealth Management
Emirates NBD
Tel: 04 209 2669
Fax: 04 2329147

Aya Elamine
Account Manager- PR
tamra-c2
T: 04 295 1177
F:04 295 1188

Shimaa Elsayed
Senior Account Manager- PR
tamra-c2
T: 04 295 1177
F:04 295 1188

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