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Emirates Money opens branch in Abu Dhabi

Emirates Money, a wholly owned consumer finance company of Emirates NBD, has announced the opening of its first branch in the UAE capital, Abu Dhabi. Located on Khalifa Street, the new branch is the company's third in the country and is to offer customers loan services including non-salary transfer personal loan for salaried customer up to Dhs250,000, business loans for self employed up to Dhs350,000, and commercial vehicle financing up to Dhs2m. The company also offers secured personal loans against cars, deposits or POS receivables up to Dhs500,000.