Emirates NBD
About Emirates NBD
Emirates NBD was formed in 2007 from the merger of Emirates Bank International and National Bank of Dubai. The bank is 55 percent owned by the Investment Corporation of Dubai, the sovereign wealth fund of Dubai. Emirates NBD has over 200 billion in assets and operates in 10 countries. The bank acquired DenizBank in Turkey in 2019 for 2.8 billion, expanding its international footprint. Emirates NBD also operates in Egypt, Saudi Arabia, India, and Singapore. The bank has been a leader in banking technology in the Middle East. Emirates NBD partnered with IBM Watson for AI powered customer service. The bank processes a significant share of UAE digital payment transactions.
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