TOP 10
DATE
MARCH 6 2007
92
04
National Bank of Dubai and Emirates Bank International merger
March 2007 saw the National Bank of Dubai ( NBD ) and Emirates Bank International ( EBI ) merge their operations to become the largest bank in Dubai and the United Arab Emirates ( UAE ) by assets . Following the merger the new entity was rebranded as Emirates NBD . “ The integration of two of the UAE ’ s firmly established and bestknown financial institutions will create a UAE champion and a regional leader . This merger reinforces Dubai ’ s position as a world class financial centre ,” commented His Highness Sheikh Mohammed Bin Rashid Al Maktoum , UAE Vice President , Prime Minister and Ruler of Dubai . DECEMBER 2020