Emirates NBD Opens Second Branch in Riyadh

Business

Emirates NBD Opens Second Branch in Riyadh

Emirates NBD, a top banking team in the region, today announced the opening of a second branch in The Kingdom of Saudi Arabia's funding city, Riyadh.

The bank's network of four full-fledged branches across the Kingdom's 3 key regions notes KSA as its largest geographical existence outside the UAE as well as Egypt.

Emirates NBDs new branch in Riyadhs Al Masif District was inaugurated by His Excellency Ahmed Al-Kholifey, Governor, Saudi Arabian Monetary Authority in the presence of Emirates NBDs, Vice-Chairman and Managing Director, Hesham Abdulla Al Qassim; Group CEO, Shayne Nelson; Emirates NBD KSA CEO, Loai Abduljawad and other senior officials and members of the management From SAMA and Emirates NBD.

The branch gives a complete offering to Saudi-based individual and businesses, consisting of retail, private, business and wholesale banking. The branch incorporates Emirates NBD's prize-winning suggestion with a modern, digital-driven design, convenient self-service financial solutions as well as personalised consultatory area. Along with retail banking, wealth administration solutions and also trade funding, Emirates NBD also provides business money advisory, job as well as syndicated money through the financial institution's investment banking arm, Emirates NBD Resources KSA.

Our significant and growing network in the Kingdom is a reflection of our commitment to The Kingdom of Saudi Arabia and support for Vision 2030, said Hesham Abdulla Al Qassim, Vice-Chairman and Managing Director of Emirates NBD. Building on the strong economic and trade ties between The Kingdom of Saudi Arabia and the UAE, we hope to continue to serve and support the economic ambitions of Saudi individuals and businesses as the Kingdom forges ahead in its plans for economic transformation.

With procedures in Egypt, India, Singapore, as well as the United Kingdom and depictive offices in China as well as Indonesia, Emirates NBD has a strong franchise business in KSA's essential profession markets. The bank has actually played an active duty in sustaining Saudi's Tiny as well as Medium Business (SME) sector, by means of the Kingdom's Kafalah funding program.

" Emirates NBD's investment in a robust full-fledged branch network throughout the Kingdom's vital districts, enhances our offering to individuals and corporates in KSA," added Eng. Loai Abduljawad, Chief Executive Officer of Emirates NBD KSA. "Going forward, we aim to remain to boost our offering and also expand existence by leveraging our digital financial experience, acclaimed solutions and also extensive franchise business in KSA's essential trade markets.