Emirates NBD strengthens presence in Northern Emirates with opening of RAK Mall branch

Press release

Published June 7th, 2015 - 11:27 GMT

Emirates NBD Ras Al Khaimah branch

Emirates NBD, a leading bank in the region, today announced the opening of a new branch in Ras Al Khaimah Mall, further strengthening the bank’s presence in Northern Emirates.

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

The opening of the Ras Al Khaimah Mall branch, which brings Emirates NBD’s branch network in Sharjah and Northern Emirates to 14, 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. The opening of the new branch brings Emirates NBD’s total branch network to 98.

Commenting on the launch of the new branch, Ahmed Al Marzouqi, General Manager – Retail Distribution, Emirates NBD, said: "Emirates NBD is delighted to announce the opening of its 14th branch in Northern Emirates, which underlines the bank’s commitment to providing both existing and potential customers with easy access to its products and services,” said Ahmed Al Marzouqi, General Manager - Retail Distribution, Emirates NBD. “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 4 pm.

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.