Emirates NBD joins the Union of Arab Bank's data and information center

Emirates NBD's move to become a member of the Center comes in line with the Bank's commitment to support initiatives that raise the standards of the banking and finance industry in the region.

The establishment of the DIC came following a joint decision taken at the General Assembly of the Union of Arab Banks that was held recently in Dubai, UAE. The DIC is a web-based information and data center which aims at enhancing communication and cooperation among banks in the Arab region.

Mr. Sulaiman Al Mazroui, General Manager, Group Corporate Communications, Emirates NBD:

"At Emirates NBD we are keen to support any initiative which aims to enhance the communication and transparency between banks in the Arab region. This also adds value to us as we will get access to necessary information and studies that help us to further develop our business. I would also like to congratulate the Union of Arab Banks for launching this landmark initiative."

The Union of Arab Banks' Data and Information Center was established following a decision by the General Assembly of the Union aims to provide its members with the latest Regional and International information, news, reports and studies that interest all bankers and economists in the region. The DIC has been launched in three phases and the recently launched phase one of the project consists of the website launch which contains information and basic data that aim at introducing the banks and the leaders of the banking industry in the region as well as a legal database for the Arab Central Banks.