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Dubai Bank, NBC in tie-up
- United Arab Emirates: Wednesday, August 20 - 2008 at 07:40
Dubai Bank has formed a strategic alliance with National Bonds Corporation to establish a stronger base for bonds distribution to retail and institutional buyers and add extra mileage in terms of services and reach, acording to a press release. Dubai Bank is the fourth bank to partner with National Bonds and the first bank authorised to issue the bonds certificate instantly. With the increase in the number of Dubai Bank's strategically-located branches from five in 2006 to the current 20, this alliance enables National Bonds Corporation to expand its bond distribution network to over 320 associated outlets located across the UAE.
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Jeff Florian, Senior ReporterWednesday, August 20 - 2008 at 07:40 UAE local time (GMT+4)
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