Emirates NBD to allow Emaar Malls IPO subscription via ATM

Dubai: Emirates NBD said on Thursday it will start allowing customers to subscribe to IPOs via the bank’s ATM or online banking channels, making it the first bank in the region to provide such a facility.

The eIPO service enables customers to subscribe to the IPO using their Emirates NBD debit card, National Investor Number and the amount to be invested, the company said in a statement.

Emirates NBD is the one of the lead receiving banks for the IPO.