Emirates Nbd Remains Uae’S Top Banking Brand With A Value Of Usd 4.13 Billion

date

09-Feb-2020

Dubai, 09 February 2020: Emirates NBD continues to be the UAE’s most valuable banking brand with a USD 4.13 billion brand valuation in the latest edition of The Banker’s annual brand valuation league table. The bank also secured a spot among the top 100 global banking brands and was ranked second in the Middle East and Africa region.

Emirates NBD moved up eight spots from last year to rank 68th worldwide in the Brand Finance Banking 500, a prestigious ranking of the world’s 500 biggest banks, conducted by leading brand valuation consultancy Brand Finance and published in the February edition of The Banker.

“Emirates NBD is deeply proud and honoured to maintain our position as the UAE’s most valuable banking brand,” said Shayne Nelson, Group CEO, Emirates NBD. “Our steadfast commitment to advancing digital innovation, combined with our customer-first philosophy, community-focused initiatives, and market-leading products and services has helped Emirates NBD cement its standing as a frontrunner in the region’s banking sector. As we prepare for Expo 2020 Dubai this year, we will continue to strengthen our proposition to be the bank of choice for customers, employees and shareholders.”

Further, YouGov’s daily brand tracking tool BrandIndex has once again ranked Emirates NBD among the UAE’s 10 most recommended brands. The bank climbed four places to place 5th in the 2019 UAE Advocacy Rankings.

Emirates NBD delivered a robust set of results in 2019, achieving a record net profit of AED 14.5 billion and total assets in excess of AED 683 billion. The bank’s balance sheet remains strong with healthy liquidity and stable credit quality. The bank marked many milestones over the course of the year, including successfully completing the acquisition of Turkey-based DenizBank in the third quarter of 2019. This increased the bank’s presence to 13 countries, servicing over 14 million customers in the MENAT region.

On the social responsibility front, Emirates NBD aligned its CSR activities with the ‘Year of Tolerance’ through continuous efforts to support people of determination via social, workplace and financial inclusion initiatives. The bank’s Careers Network initiative has helped 64 people of determination secure job offers from Emirates NBD Group or its corporate partners, while, 48% of Emirates NBD branches became accessible over the course of 2019. Further, in 2019, the bank’s award-winning Exchanger programme clocked in over 34,000 volunteering hours, with 3,139 active Exchangers and 514 volunteering activities completed.

The recognition from The Banker follows a series of accolades received by Emirates NBD in recent months. The bank has been ranked among the top 20 in the Forbes’ third annual list of the World’s Best Regarded Companies. It was also awarded ‘Best Digital Bank in the Middle East’, ‘Best Bank in the UAE’ and ‘Best Investment Bank in the UAE’ by Euromoney Awards for Excellence 2019. The bank was recently honoured for its corporate volunteering programme for a Global Innovation Award by IMPACT2030, the corporate volunteering arm of the United Nations.

 

Latest Press Releases

Focus to help community stay safe and informed about COVID-19

..

29-Mar-2020

Rated world's most popular destination in the eyes of TripAdvisor users

..

16-Mar-2020

Temporary suspension to production in its Africa, Middle East and India region

..

25-Mar-2020

Home Safety e-booklet available in Arabic and English

..

27-Mar-2020

Digital campaign #CreateTogether for members of the community while they commit to staying in their ...

..

28-Mar-2020

Pledge to support to all its employees and protecting jobs

..

28-Mar-2020


Most Viewed Recent Press Releases

More Fun, More Food, and new interactive shows for all

[2100 views]

The perfect guide to help find the perfect school for your child

[1914 views]

Initiative to raise awareness around online safety and spread positivity

[1704 views]

The first ever female biker event to take place in Dubai choses the iconic resort as its last stop

[1626 views]

PCR aims to hold at least 10,000 screenings this year

[1380 views]

Campaign touched lives of 64,012 individuals

[1287 views]


Related Links_


Google ADS

Other Info_

..

Health Care

Multi Specialty medical facilities, government hospitals & private clinics

..

Education

Nurseries, Kindergardens, Schools, Colleges, Universities & Higher Education

..

Popular Restaurants

Dining in Dubai - selection of restaurants where you can relax & enjoy a variety of cuisines of choice

Jobs at Dubai_

Find latest Dubai Jobs & Vacancies from placement agencies, employers & recruitment consultants in Dubai, Abu Dhabi & other Emirates in UAE.

Dubai Tours & Packages_

Book quality Dubai tours, best Dubai holiday packages with visas & Dubai hotel booking with special offers & discounts

-->

Subscribe_

Warnning

Unsupported Browser

This website includes CSS elements that your browser does not support. Please upgrade your browser to a current version, then come back and try again.

Upgrade your Browser for more experience

Chrome Firefox Safari Edge