The visit comes as part of Emirates NBD's continuous cooperation and liaison with international organizations and associations aiming for mutual benefit through exchange of expertise in furthering the performance of the economy and implementing best international practices in the banking and finance sector.
The guests were received by Mr. Rick Pudner, CEO, Emirates NBD and Mr. Abdul Wahed Al Fahim, Deputy CEO, Emirates NBD and other members of the senior executive management of the bank. The delegation also discussed the recent developments in the banking and finance sector and its performance and the recent financial, real estate and stock markets developments, demand of credit, sources and uses of funds in the country and the region.
This meeting comes following several other similar visits by representatives of international companies, organizations, associations and financial institutions. The meeting took place at the Emirates NBD headquarters in Dubai.
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Emirates NBD receives IMF delegation
- United Arab Emirates: Monday, October 19 - 2009 at 13:28
- PRESS RELEASE
Emirates NBD, the largest banking group in the Middle East in terms of assets received a high profile delegation from the International Monetary Fund (IMF) which is visiting the UAE.
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About Emirates NBD:Emirates NBD (DFM: Emirates NBD) is the biggest banking group in the Middle East by assets. At 31st December 2008, total assets were Dhs282.4bn and a combined market share of 20.5%.
The Group has a leading retail banking franchise in the UAE, with over 129 branches and over 651 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.
For more information, please contact:
Ibrahim Soweidan
Head - Group External Communications
Emirates NBD
Dir: +971 - 4 - 609 4113
Fax: +971 - 4 - 223 0031
Ramy Lawand
Group External Communications
Emirates NBD
Dir: +971 - 4 - 201 2204
Fax: +971 - 4 - 223 0031
Posted by Rana MesbahMonday, October 19 - 2009 at 13:28 UAE local time (GMT+4)
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