"This merger brings together the UAE's second and fourth largest banks by assets. As a combined entity, we believe the Company will be well positioned to grow and to deliver outstanding value to its shareholders, customers, and employees".
"We are proud to be playing a leading role in the development of Dubai as a regional financial centre, in line with HH Sheikh Mohammed's 2015 Strategic Plan."
"We believe this merger will create a bank with the scale, financial strength and service quality standards to compete effectively in the increasingly dynamic and competitive UAE and GCC markets."
"We strongly believe that the combined group has a very exciting future."
22/07/2008
Record Profits of AED 1.473 billion for 2nd Quarter, up 45% Profits for First Half 2008 at AED 2.688 billion, up 41% Dubai, 22 July 2008: Emirates NBD, (DFM: ENBD), the Middle East’s largest banking group by asse... (more)