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Emirates Bank

By: EconomyWatch Content Date: 28 October 2009

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Emirates Bank International is a major financial services institution in the Gulf. The bank was established in 1977. The bank merged with National Bank of Dubai (NBD) in 2007 to form EmiratesNBD. EmiratedNBD is the largest banking establishment in the Middle East in term of net assets. It is listed on the Dubai Financial Market (DFM). As on 2008-2009, the conglomerate had an asset base of more than AED 300 billion. EmiratesNBD has offices in Saudi Arabia, Qatar, UAE, the UK, India, Iran, and Singapore.

Emirates Bank International offers:

Islamic Banking services through Emirates Islamic Bank

Asset management through EIS Asset Management

Insurance through National General Insurance

Card processing through Network International

Brokerage services through Emirates International Securities

Real estate and property development through Union Properties

Emirates Bank: Services

ATM Services: ATM machines are conveniently located across the UAE and other Middle Eastern countries. There is also a chain of installations outside the Gulf.

BankLine Service: Telebanking services to check accounts, change PIN, transfer amounts and check securities.

BankNet: Free net banking services.

RADAR: To pay Dubai Police Traffic fines for both members and non members directly through the bank.

Electronic Funds Transfer: For quick transfer of funds from one place to another.

World Draft: A great way of remittance to anywhere in the world.

Safe Deposit Lockers: A safe and secure way for customers to store their valuables and important documents.

Utility Bills Payment System: A great way to beat the hassles of standing in a queue for long hours to pay bills and other utilities.

mePDA: Anytime banking using a Personal Digital Assistant (PDA).

meMOBILE: Anytime banking using mobile phone banking service. The account updates and other transaction details are accessed through SMS.

meCALL: 24 hour global tele-banking service.

meSHOP: User friendly online store to access a wide range of products at attractive discounts.

meJOBS: For high aspiring individuals who are looking for a rewarding career in today’s high tech banking industry.

Emirates Bank: Products

Emirate Bank constantly reinvents itself to offer cutting edge retail and corporate services and products through investments utilizing state-of-the-art technologies combined with a pursuit to obtain excellence in banking and financial services. The product offerings of Emirates Bank are:

· Current Account

· Special Current Account

· Savings Account

· Currency Passport Savings Account

· Plan Account

· Fixed Deposit

· Call Deposit

· meBOX

· meACCOUNTS

· Personal Loans

· Auto Loans

· meCARDS