Emirates NBD opens second branch in Riyadh

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Emirates NBD opens second branch in Riyadh
The branch provides a full offering to Saudi-based individual and businesses, including retail, private, business and wholesale banking.

dubai - Emirates NBD's new branch is in Riyadh's Al Masif district

By Staff Report

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Published: Mon 19 Nov 2018, 7:54 PM

Last updated: Mon 19 Nov 2018, 9:56 PM

Emirates NBD on Monday announced the opening of a second branch in Riyadh.

The bank's network of four full-fledged branches across the three key regions in Saudi Arabia marks the kingdom as its largest geographical presence outside the UAE and Egypt.

Emirates NBD's new branch in Riyadh's Al Masif district was inaugurated by Ahmed Al Kholifey, governor, Saudi Arabian Monetary Authority (Sama), in the presence of Emirates NBD's vice-chairman and managing director Hesham Abdulla Al Qassim; Group CEO Shayne Nelson; Emirates NBD KSA chief executive Loai Abuljawad and other senior officials and members of the management from Sama and Emirates NBD.

The branch provides a full offering to Saudi-based individual and businesses, including retail, private, business and wholesale banking.

In addition to retail banking, wealth management services and trade financing, Emirates NBD also offers corporate finance advisory, project and syndicated finance through the bank's investment banking arm, Emirates NBD Capital KSA.

- business@khaleejtimes.com


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