Emirates NBD Private Banking
Emirates NBD Private Banking Image Credit: Supplied

Emirates NBD Private Banking is the bespoke wealth management arm of Emirates NBD, a leading banking group in the Middle East, North Africa and Turkey (MENAT) region.

Emirates NBD Private Banking offers high-net-worth and ultra-high-net-worth individuals, families and select institutions bespoke investment advisory and wealth management solutions through its network of qualified relationship managers (RMs) and certified investment advisors across the UAE, KSA, UK and Singapore. The private bank follows a global relationship manager (GRM) framework for offshore accounts with full capabilities across its booking centres.

Supported by an experienced and qualified chief investment officer, the team combines the capabilities of single and multi-asset class strategies and recommended securities over an open architecture funds and structured products platform, in addition to providing timely insights and reports on global investments.

Emirates NBD Private Banking identifies opportunities to help inspire, grow and preserve its discerning clients’ wealth based on strong convictions resulting from deep local and regional expertise, combined with a global outlook across asset classes, sectors, and geographies. For clients who seek non-traditional instruments, we also offer real estate advisory solutions across prime residential and commercial properties in the UAE and central London. Additionally, clients enjoy access to global markets and a 21x6 days treasury desk to facilitate timely trade executions.

A sustainable agenda

Firmly committed to the sustainability agenda, Emirates NBD Private Banking has taken active strides towards expanding its environmental, social and governance charter, in line with the United Nations’ Sustainable Development Goals and the UAE’s vision to be a sustainable knowledge-based economy. The bank’s private banking relationship and investment advisory teams have undergone certification training from an accredited training platform for sustainable and responsible investing. Sustainable investment principles are naturally embedded while building portfolios and selecting issuers, companies and funds which are suitable for the long-term goals of clients, who are trans-generational in nature.

In addition to classical “core” assets, Emirates NBD Private Banking covers evolving themes such as robotics, artificial intelligence, ESG and cybersecurity (to name a few) within a core-satellite framework. The private bank offers world-class solutions to advise clients on their trust and estate planning needs through its Jersey (Channel Islands) trust centre. These services include succession planning, trust services, and liquidity planning to ensure that the next generation is well equipped to manage their personal wealth. The bank also offers bespoke Lombard lending solutions against cash, investments, and real estate for clients to take advantage of every opportunity.

A customer-centric approach

Keeping customer-centricity at its core, Emirates NBD Private Banking leads on digitisation and innovation through various initiatives that enhance the wealth management experience. Recent digital-led initiatives include tablet banking that equips relationship managers and advisors with a cockpit view of all the clients’ assets/liabilities to enable them to engage more efficiently in real time with clients; enhancement of the mobile banking app with an investment portfolio widget that allows users to open, view, and manage their investment assets, as well as contact their relationship management and investment advisory team from within the app; voice banking through Amazon Alexa with new features such as daily insights from the CIO office; and straight-through processing of client instructions to enable quicker and paperless transactions, simplification of client on-boarding documentation, and automation of the trading system which is now connected with market counterparties in real time.

All these initiatives have helped Emirates NBD Private Banking inspire and sustain customer confidence and trust that their wealth is in good hands.

To learn more, visit www.emiratesnbd.com/en/private-banking