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Dubai Bank

ENBD'S Islamic arm plans $500 million sukuk sale in 2012

ENBD'S Islamic arm plans $500 million sukuk sale in 2012

Emirates NBD's Islamic unit plans to issue more than $500 million sukuk this year and expects to merge with Dubai Bank before the end of 2012, Al Khaleej Arabic daily newspaper reported on Monday

May 7, 2012 3:42
 
Dubai's ENBD Seeks Approval to Merge Islamic Units-Sources

Dubai's ENBD Seeks Approval to Merge Islamic Units-Sources

Emirates NBD, Dubai's largest lender, is seeking approval from three government bodies to merge its two Islamic banking units, sources told Reuters on Monday.

April 9, 2012 4:53
 

Amlak deal would hit Dubai’s ENBD Tier 1, says broker

Emirates NBD, Dubai's largest bank by assets, could see its Tier 1 capital ratio fall by nearly 1.1 percentage points if it is forced to absorb embattled property lender Amlak Finance, HC Securities said on Sunday.

December 18, 2011 11:39
 

ENBD names wholesale banking group head, Dubai Bank interim CEO

Emirates NBD named a new group head of wholesale banking as well as a new interim chief executive for Dubai Bank, the United Arab Emirates' largest lender by assets said in a statement on Monday.

December 5, 2011 10:07
 

Dubai’s ENBD consolidates investment banking business

Emirates NBD, Dubai's largest lender, has consolidated its investment banking and financial advisory businesses under its Emirates NBD Capital unit and appointed Mohammed Wajid Kamran as general manager of the arm, according to an internal bank memo.

November 20, 2011 11:21
 

Dubai Bank Rasmala in potential sale talks

Chairman says firm is in talks to raise capital, no sale planned; Sources said Rasmala reached out to local players for sale; Regional investment banks in the Gulf have struggled in recent years

November 16, 2011 8:21
 

Emirates NBD to take over troubled Dubai Bank

ENBD may have taken over bank for nil, says analyst. The Dubai Government rescued and took control of Dubai Bank in May; Sheikh Ahmed was named ENBD chairman in June

October 11, 2011 10:18
 

Emaar to write off Dubai Bank investment in Q2

Held 30 pct stake in Dubai Bank, worth AED172 million; Dubai govt said on Monday it took over Dubai Bank

May 19, 2011 8:41
 

Dubai takes over Islamic lender Dubai Bank

Govt to wholly own Dubai Bank after capital injection; Options for bank's future still being assessed; Deal to dilute holdings of shareholders

May 16, 2011 12:43
 
Too many banks, too few people

Too many banks, too few people

As reports surface that Emirates Islamic Bank and Dubai Bank could be merging, Kipp takes a closer look at bank mergers in the region. Are there more on the way?

October 4, 2010 4:40