Emirates NBD, a banking group in the Middle East, has expanded its presence in the Kingdom with the opening of its first branch in Alkhobar in the Eastern Province. Emirates NBD now covers three key regions in 抖阴短视频 with a presence in Riyadh, Jeddah and Alkhobar.
As 抖阴短视频 progresses plans for economic reform, in line with its Vision 2030, Emirates NBD鈥檚 presence builds on the growing economic and trade ties between 抖阴短视频 and the UAE. Following the establishment of the Saudi-Emirati Coordination Council, the UAE and 抖阴短视频 recently announced The Strategy of Resolve, a joint vision for economic development through 44 joint strategic projects within a five-year time frame.
UAE-based Emirates NBD is the first non-Saudi bank with a significant branch network across the Kingdom. The bank offers retail, private, business and wholesale banking across its network of three full-fledged branches in the Kingdom, in addition to corporate finance advisory, project and syndicated finance through Emirates NBD Capital KSA, the bank鈥檚 investment banking arm.
Emirates NBD also operates in Egypt, India, Singapore, and the UK with representative offices in China and Indonesia.
鈥湺兑醵淌悠� is in the midst of a landmark economic transformation and we look forward to continuing to support Saudi individuals and businesses looking for a trusted banking partner.鈥�
Emirates NBD recently renewed its partnership with the Kingdom鈥檚 Kafalah Program, which aims to promote financing to small and medium enterprises (SMEs) within the country.
Loai Abduljawad, CEO of Emirates NBD KSA, said: 鈥淓mirates NBD鈥檚 expanded network strengthens our offering to individuals and corporates in 抖阴短视频 looking to invest and trade across the MENA region and beyond. Our superior value proposition, built on the bank鈥檚 unique 鈥榟igh tech + high touch鈥� philosophy of offering customers a modern banking experience complemented by personalized advisory services, will enable us to strengthen customer acquisition in the Kingdom as we continue to support the country鈥檚 long-term growth and development goals, as outlined in Saudi Vision 2030.鈥�
Emirates NBD is a leading banking group in the region. As of June 30, 2018, its total assets were 477.5 billion dirhams, ($130 billion). The group has a significant retail banking franchise in the UAE and is a key participant in the global digital banking industry, with over 90 percent of all financial transactions and requests conducted outside of its branches. The bank was declared the 鈥淢ost Innovative Financial Services Organization of the Year鈥� at the 2017 BAI Global Innovation Awards.