Thursday 23 May 2013
 
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Emirates NBD

Emirates NBD launches $1bn bond

Emirates NBD launched a $1 billion core capital-boosting bond on Wednesday, amid healthy demand, allowing the Dubai lender to tighten earlier price guidance. The Tier 1 bond launched at a final yield of 5.75 per cent, tighter than

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Emirates NBD seals Dubai tower deal

Emirates NBD, a leading banking group in the region, said its real estate unit Emirates NBD Properties has concluded a Dh122 million ($33.2 million) deal with Emirates REIT, the first GCC Sharia compliant real estate investment trust, for retail

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Emirates NBD, Gemalto celebrate card success

Emirates NBD and Gemalto recently celebrated the success of its world-class Go4it card, a unique all-in-one banking card combining both payment and contactless transit functionalities for seamless access to Dubai’s RTA public transport net

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ENBD to open DIFC owners' account

DIFC Registrar of Real Property has signed an agreement with top UAE bank Emirates NBD allowing the lender to open accounts for owners’ associations (known as Bodies Corporate) in the DIFC jurisdiction. This agreement is aim

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ENBD says won't slow foreign expansion

The head of Dubai's largest bank, Emirates NBD, said on Thursday its ambition to expand abroad would not end with his departure at the end of the year. The lender, which wants to make a fifth of its revenue outside the UAE wit

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ENBD eyes BNP Paribas Egypt buy by mid-May

Emirates NBD, Dubai's biggest bank, plans to complete its acquisition of French lender BNP Paribas' Egyptian operations by mid-May, its chief executive said on Thursday. "The completion should be finalised in mid-May,

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Emirates NBD repays $817m of govt support

  Emirates NBD, Dubai's largest lender, repaid in April Dh3 billion ($816.8 million) of support from the UAE government which it had received in the wake of the global financial crisis, it said on Thursday.  

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Emirates NBD Q1 net profit jumps 31pc

Emirates NBD, Dubai's largest bank by market value, on Thursday said its first-quarter net profit rose 31 per cent on the back of lower impairments, beating the average forecast of analysts. The lender, 55.6-per cent owned by

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ENBD chief executive resigns

Rick Pudner, chief executive of Emirates NBD, Dubai's largest bank, is resigning, the bank said on Sunday without giving a reason. Pudner is expected to stay in the job until the end of this year; "then he will hand over

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ENBD sees 40pc retail lending boom

Emirates NBD, Dubai's largest lender, expects its retail lending to jump between 25 and 40 per cent in 2013 as consumer confidence returns in the UAE, its retail banking head said on Monday. Cautioning that the numbers were co

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