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Start your banking journey with the leading bank in the region.
Find a suitable account and applyDiscover the benefits of being our customer by browsing through our banking packages.
Learn more about banking packagesLearn all about how to use your account's features and benefits to the fullest.
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All our cards offer you an exciting range of rewards and benefits.
Find a suitable card and applyGet the most out of your credit card by exploring its different benefits.
Learn all about how to use your card's features and benefits to the fullest.
Visit our dedicated support center for answers to all your banking-related questions.
Here's how to make the most out of your loan with us.
Visit our dedicated support center for answers to all your banking-related questions.
Our various FX products and services help you conduct your international transactions easily.
Our wide range of transfer options make it easier for you to send money locally and internationally.
Learn all about how you can seamless use our services to transfer money.
Our wealth solutions help you manage your financial future better and achieve your financial goals.
Know more about our Wealth servicesLife is uncertain but you can be prepared to face adversity with our wide range of insurance plans.
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Everyday banking is a lot easier with our digital banking platforms and services.
Discover more about banking with usWe have over 200 branches and 900 ATMs and CDMs across the UAE and overseas.
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Visit our dedicated support center for answers to all your banking-related questions.
Start your Priority Banking journey and live your success
Introducing Signature, a programme of distinction reserved for the upper crust of Emirates NBD
Our wealth solutions help you manage your financial future better and achieve your financial goals.
Life is uncertain but you can be prepared to face adversity with our wide range of insurance plans.
Everyday banking is a lot easier with our digital banking platforms and services.
Learn more about our services and get the most out of your banking relationship with us.
We welcome you to a bespoke banking experience tailored to suit your private banking & wealth management needs, should you, your family, or your business have USD 5 Million (or currency equivalent) and above as Assets Under Management with us.
Approves cash dividend of 40 per cent
Dubai, 20 February 2019
Emirates NBD (DFM: EmiratesNBD), a leading banking group in the region, held its 12th General Assembly Meeting at the Bank’s Headquarters.
At the General Assembly Meeting, a review of the year ended 31 December 2018 was presented. Commenting on the business environment, Emirates NBD Chairman, His Highness Sheikh Ahmed Bin Saeed Al Maktoum, said, “The UAE economy, and the banking sector in particular, remained resilient in 2018, despite a challenging environment across global markets. The UAE remained the most competitive economy in the MENA region last year, as the government continues to progress the country’s positioning among the world’s top business-friendly nations.”
His Highness added, “Emirates NBD has retained its position as a leading bank in the Middle East. As we announce a record annual net profit of AED 10 billion for 2018, we are confident that we will continue to deliver a solid performance and build on opportunities even as we overcome any challenges we encounter. The Customer and the Community remain at the heart of Emirates NBD’s growth strategy, and we will continue to roll out strategic initiatives to deliver excellent products and services, while increasing shareholder value.”
Key financial highlights for 2018 included:
His Highness Sheikh Ahmed Bin Saeed Al Maktoum added: “Looking ahead, with just one year to go until Expo 2020 Dubai, we can see the pace of development stepping up, especially in terms of projects and transport infrastructure. As the official banking partner for Expo 2020 Dubai, we are glad to showcase our innovations in smart technology and digital banking through our site-wide presence as “Bank of the Future” at the event.
In 2018, we dedicated our corporate social activities to the Year of Zayed and successfully exceeded our targets. 2019 marks the Year of Tolerance in the UAE and through our continuous investment in innovative assistive technologies, we aim not only to enhance the banking experience for People of Determination, but also to empower them towards independence in their day-to-day lives. Emirates NBD’s commitment to People of Determination supports the ‘My Community’ initiative launched by His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council that aims to transform Dubai to a disability-friendly city by 2020.”
His Highness Sheikh Ahmed Bin Saeed Al Maktoum added, “As we look forward to supporting the economic growth of the UAE, the Bank also seeks opportunities to further expand its international footprint. The Kingdom of Saudi Arabia remains a key growth market for the Bank, as we have opened three new branches in the Kingdom in 2018.”
His Highness Sheikh Ahmed Bin Saeed Al Maktoum concluded, “Finally, I would like to thank HH Sheikh Mohammed bin Rashid A Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, for his sharp and wise vision as well as the Country’s wise Leadership, Emirates NBD Group’s Board of Directors, members of the Executive Committee and employees for their continuous contribution and efforts towards our success in 2018. I also wish to thank our customers and shareholders for their continued support and trust.”
The following resolutions were passed at the General Assembly Meeting:
Special resolutions:
(a) undertake any updates of:
(b) establish any debt funding programme, up to a maximum amount of U.S.$ 10,000,000,000, in addition to the Existing Programmes (the "New Programmes” and, together with the Existing Programmes, the "Programmes”) and undertake any subsequent update of the New Programmes;
(c) issue debt instruments, up to an amount of U.S.$ 5,000,000,000, under any of the Programmes from time to time;
(d) issue debt on a standalone basis, up to a maximum amount of U.S.$ 10,000,000,000, (including capital instruments for the purpose of strengthening the Group's regulatory capital ratios);
"The participation or contribution of nationals of the United Arab Emirates at any time during the existence of the Company shall not be less than eighty per cent (80%) of the share capital of the Company. The expression "nationals" shall include natural persons as well as firm partnerships and bodies corporate which are wholly owned by nationals of the United Arab Emirates."
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