|
Emirates Bank International (EBI) and National Bank of Dubai (NBD) will merge to create one of the Middle East's largest banks with assets of Dh165 billion.
At a glance: Emirates Bank
- Established: 1977
- Rank by assets in UAE: 2nd
- Rank by assets in Dubai: 1st
- Chair: Ahmad Humaid Al Tayer
- Total assets: Dh9.5878 billion
- Revenue: Dh2.896 billion
- Net profit: Dh1.888 billion
- Number of branches: 35 branches in the UAE, one in London, one in Mumbai and a representative office in Tehran
At a glance: National Bank of Dubai
- Established: 1963
- Rank by assets in UAE: 4th
- Rank by assets in Dubai: 2nd
- Chair: Abdullah Mohammad Saleh
- Total assets: Dh6.9279 billion
- Revenue: Dh1.861 billion
- Net profit: Dh1.106 billion
- Number of branches: 39 branches in the UAE, one in London and a representative office in Tehran
|