Emirates Money Opens First Branch in Abu Dhabi

Published October 9th, 2010 - 06:08 GMT

Dubai, October 9, 2010: Emirates Money, a consumer finance company and wholly owned subsidiary of Emirates NBD, today announced that it has extended its services to the UAE capital with the opening of its first branch in Abu Dhabi. This is Emirates Money’s third branch in the UAE, and complements the head office at the Emirates NBD building in Al Sabkha and the existing branch in Mankhool Road, Dubai.


“Consumer finance has changed considerably in the post-financial crisis era, and there is increasing focus on customer relationship management programmes in this traditionally volume-driven industry,” said Jamal Bin Ghalaita, Chairman, Emirates Money, and Group Deputy Chief Executive Officer, Emirates NBD. “At Emirates Money, our focus is on customer convenience, and establishing the new branch in Abu Dhabi will further assist us in providing a more personalised customer service experience to our clients.”


Located on Khalifa Street, the new branch in Abu Dhabi offers customers the full range of Emirates Money’s simplified loan services, to meet their personal and business requirements.


“Emirates Money was established with the vision to be a customer-friendly financial services organisation, and aims to support clients in meeting their day-to-day financial requirements,” said Vikas Thapar, General Manager, Emirates Money. “Abu Dhabi is in the midst of a strong growth phase, and our physical presence in the UAE capital, will enable us to offer our clients comprehensive and personalised loan solutions that can be accessed in a fast, friendly and flexible manner.”


Emirates Money offers a variety of loan solutions to suit the diverse needs of its customers, including non-salary transfer personal loan for salaried customer up to AED 250,000, business loans for self employed up to AED 350,000, and commercial vehicle financing up to AED 2 million. The company also offers secured personal loans against cars, deposits or POS receivables up to AED 500,000.


In addition, Emirates Money has also tied up with leading insurance companies to offer its customers unbeatable deals on various personal and business insurance products.


Emirates Money’s first branch in Abu Dhabi will be open from 9AM-5PM, Saturday to Thursday, and will offer a complete range of Emirates Money services.


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