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Emirates NBD seeks approval to transfer shares
- United Arab Emirates: Wednesday, October 28 - 2009 at 09:10
Emirates NBD, which was formed after a merger of Emirates Bank International and National Bank of Dubai in October 2007, has asked for the approval of the Dubai Financial Market to transfer shares of the two banks to the parent, Bloomberg has reported. The lender has also asked the market regulator to waive share transfer fees since the volume of shares transferred would be substantial.
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StaffWednesday, October 28 - 2009 at 09:10 UAE local time (GMT+4)
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