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Emirates NBD was initially formed as the National Bank of Dubai (NBD) on 19 June 1963 by then Dubai's ruler Sheikh Rashid bin Saeed Al Maktoum, forming the first national bank established in Dubai. NBD merged with Emirates Bank International (EBI) on 6 March 2007 to form Emirates NBD. On 16 October 2007, the shares of Emirates NBD were ...
In September 2011, Emirates NBD, the largest bank by assets in the United Arab Emirates, [5] [6] established Tanfeeth, a fully owned back-office subsidiary to improve its customer service and operational efficiency.
Bank Name [1] Bank name (in Arabic) Headquarters Stock code (if applicable) [2] [3] Abu Dhabi Commercial Bank: بنك أبوظبي التجاري: Abu Dhabi: ADX: ADCB: Abu Dhabi Islamic Bank
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United Arab Emirates: Abu Dhabi Commercial Bank (ADCB) United Arab Emirates: Emirates NBD: United Arab Emirates: First Abu Dhabi Bank (FAB) United Kingdom: Standard Chartered Bank: United States: J.P. Morgan Chase
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The company was founded in the United Arab Emirates as a payments subsidiary of Emirates Bank in 1994. [2] Mainly operating in the Middle East and Africa region it became the first independent vendor in the Middle East to be certified by Mastercard and Visa for payments, [ 3 ] and a member of the JCB and UnionPay card schemes.