Tuesday, May 10, 2011

Emirates NBD continues expansion drive in Abu Dhabi



Opens 15th branch in UAE capital, adjacent to Al Wahda Mall

In line with bank’s ongoing expansion strategy in Abu Dhabi, in response to

growing demand.

Abu Dhabi, May 7, 2011: Emirates NBD, a leading bank in the region, announced

today that it has further extended retail banking facilities to its customers in the UAE

capital, with the opening of a new branch on Hazza Bin Zayed Street adjacent to Al

Wahda Mall.

“Today’s announcement is a significant step in our strategy to increase our branch

network in Abu Dhabi,” said Jamal Bin Ghalaita, Group Deputy CEO, Emirates

NBD. “With retail banking an important driving force behind growth in the banking

sector, Emirates NBD is dedicated to ongoing investment in its physical infrastructure

in every Emirate. Our aim is to grow our retail banking operations in the UAE capital

and surrounding areas, in line with growing customer demand.”

The branch will service the needs of both Personal and Priority Banking customers,

and is conveniently located on the ground floor of the Al Wahda Office Towers, next

to the popular Al Wahda Mall. It is also in close proximity to the Al Wahda Sports

Club, home to the famous Abu Dhabi football club.

“In line with recent surveys showing a notable rise in consumer confidence, we see

a growth opportunity for consumer wealth management services in Abu Dhabi,” said

Abdulelah Al Kindy, General Manager – Retail Banking, Emirates NBD. “At this new

branch, customers will find a full range in terms of banking products and services for

managing their finances. Our team of professional tellers, relationship managers and

investment specialists, are available to respond to a broad range of requirements,

from customised financing for UAE Nationals to Borrow Wisely personal loans, Auto

Loans and Sharia-compliant insurance products.”

Emirates NBD now has a total of 15 branches in Abu Dhabi, 49 ATMs and 14 CDMs.

The Al Wahda branch has one ATM and one CDM (Cash Deposit Machine), with

two more ATMs available inside the Mall itself. The branch is open from 8 am to 8

pm, Saturday to Thursday, and offers customers a full range of consumer finance

products. The opening of this branch is in addition to Emirates NBD’s numerous

specialised banking centres in Abu Dhabi, including a Business Banking, a Private

Banking, nine Priority Banking, and four Direct Sales centres.


About Emirates NBD

Emirates NBD is a leading banking Group in the region. The Group has a leading retail
banking franchise in the UAE, with over 133 branches and over 750 ATMs and SDMs. It is a
major player in the UAE corporate banking arena and has strong Islamic banking, investment
banking, private banking, asset management and brokerage operations.

The Group has operations in the UAE, the Kingdom of Saudi Arabia, Qatar, Singapore, the
United Kingdom and Jersey (Channel Islands), and representative offices in India and Iran.

The Group is an active participant and supporter of the UAE’s main development initiatives
and of the various educational, environmental, cultural, charity and community welfare
establishments.

For more information, please visit: www.emiratesnbd.com

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