Emirates NBD strengthens Sharjah presence with opening of Al Nasseriya branch

Press release
Published November 19th, 2014 - 09:54 GMT

Al Bawaba
Al Bawaba

Emirates NBD, a leading bank in the region, today announced the opening of a new banking branch in Al Nasseriya in Sharjah, conveniently located in the heart of the city, offering exceptional convenience for customers. 

The newly opened branch is in line with the bank’s closer to customer strategy, and its commitment to expanding its presence in customer convenient locations. 

The opening of the Al Nasseriya branch, which brings Emirates NBD’s branch network in Sharjah to eight and 99 across the UAE, will offer a suite of the bank’s products and services, including account opening services, deposits, cards, investments, and loans advisory, among others, providing quick and easy banking access to customers. 

Commenting on the launch of the new branch, Ahmed Al Marzouqi, General Manager – Retail Distribution, Emirates NBD, said: “With eight branches in Sharjah, Emirates NBD has developed a strong presence in the Emirate. Our continued focus on providing banking services at customers’ convenience has reaped significant benefits for the bank, as evidenced by a healthy set of financial results. As part of our closer to customer strategy, you will see Emirates NBD opening up many more branches in busy locations such as shopping areas and business districts.” 

The retail banking space inside the new branch is designed around the customers’ needs, with extended business hours from 10 am till 9 pm. The Al Nasseriya branch promotes customer engagement at all levels, which sets the tone for all of Emirates NBD’s new branches going forward. Furthermore, the branch features a number of ATM’s and CDM’s (Cash Deposit Machines).

Background Information

Emirates NBD

Emirates NBD, the leading banking group in the region, was formed on 19 June 1963, when H.H. Late Sheikh Rashid bin Saeed Al Maktoum signed the Charter of Incorporation of the National Bank of Dubai (NBD) which became the first National Bank established in Dubai and the United Arab Emirates (UAE). With the blessings of H.H. Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, NBD merged with Emirates Bank International (EBI) on 06 March 2007, to form Emirates NBD, the largest banking group in the region by assets. On 16 October 2007, the shares of Emirates NBD were officially listed on the Dubai Financial Market (DFM). The merger between EBI and NBD to create Emirates NBD, became a regional consolidation blueprint for the banking and finance sector as it combined the second and fourth largest banks in the UAE to form a banking champion capable of delivering enhanced value across corporate, retail, private, Islamic and investment banking throughout the region.

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