Emirates NBD marks golden jubilee

Dubai: Emirates NBD, a leading bank in the region, announced plans to celebrate the 50th anniversary of its establishment as the UAE’s first national bank.

Shaikh Ahmad Bin Saeed Al Maktoum, Chairman, Emirates NBD, said: “On behalf of the entire management and staff of Emirates NBD, we take this opportunity to extend our gratitude to His Highness Shaikh Mohammad Bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, for his inspiring vision and wise leadership, which has enabled Dubai and the UAE to become a leading player in the global financial services sector.”

“On the occasion of our 50th anniversary, we would like to thank our customers, employees, shareholders and the community, who have played a significant part in growing our success,” Shaikh Ahmad said.

Acknowledging the good wishes, Hesham Abdullah Al Qasim, vice-chairman of Emirates NBD, said: “Emirates NBD looks back today at an eventful 50-year journey, throughout which the bank has contributed strongly towards the economic growth in the country, through enabling the development of various businesses, and enriching the lives of the resident communities. Having launched several pioneering and innovative initiatives, we are justifiably proud of who we are and what we have achieved in the financial services sector over the past five decades.”

Offering congratulations on behalf of the UAE Ministry of Economy, the undersecretary Mohammad Bin Abdul Aziz Al Shehi, said: “Emirates NBD continues its development journey, which started five decades ago. On the occasion of its golden jubilee, we would like to congratulate the bank’s management and staff for their success in establishing Emirates NBD as one of the best national financial institutions in the UAE.”

Emirates NBD has played a significant part in the national economy, while supporting the economic and social development of the UAE. It has also contributed immensely to stabilising the local banking industry despite the economic and financial challenges the world has recently witnessed.

Abdullah Mohammad Saleh, governor of the Dubai International Financial Centre, said: “Over the past years, Emirates NBD has proved to be a financial giant that has played a vital role in supporting Dubai’s economy. It has contributed to its stability and competitiveness through maintaining the highest standards of banking on par with international best practices.”

Abdul Aziz Al Ghurair, chairman, UAE Banks Federation, said: “On behalf of all the members of the Banks Federation, we appreciate Emirates NBD’s role for being a key member at the Federation, and its cooperation in various issues related to the banking sector, as well as developing and improving the banking services to best practice standards. Once again, congratulations and best wishes for many more years of success.”