Dubai, January 13, 2015: Emirates Money, a subsidiary of Emirates NBD, entered into a preferred partnership agreement with MetLife, a global provider of insurance at a ceremony held on Monday, January 12, 2015.

Through this partnership, MetLife will provide Emirates Money's corporate and individual customers a range of tailor-made insurance solutions, which will help them safeguard for the future. The partnership will especially benefit Emirates Money's strong SME client base in the UAE.

This partnership is expected to cater to the growing need for simple and affordable insurance solutions in the UAE, which is significantly under-insured by global standards.

Speaking about the partnership, Suvo Sarkar, Chairman, Emirates Money, said: "We are delighted to be entering into a preferred partnership agreement with MetLife which further reinforces our customer product proposition. Emirates Money's strong legacy as a trusted consumer finance firm in the UAE, combined with MetLife's stature as a global leader in the life insurance segment, provides further synergy to make this partnership a great success."

Emirates Money customers will have a dedicated insurance specialist team to assist customers in choosing the most appropriate proposition for their requirements.

Speaking at the signing ceremony, Theo Alexandrescu, General Manager - Gulf - MetLife, said: "MetLife is very pleased to sign this agreement, adding a new distribution channel to serve a broad range of new individual and corporate customers, including the relatively under-served SME segment, and offer MetLife's comprehensive product range and customer service support. Customer centricity is a common feature of both our operations and we will complement each other very strongly in this area for the benefit of our shared customers. We already enjoy a strong working relationship with Emirates NBD, and now with Emirates Money we will extend and develop this even further."

About Emirates Money:
Emirates Money Consumer Finance L.L.C is a consumer finance company and is part of the Emirates NBD Group. Emirates Money offers consumers comprehensive loan solutions to meet their everyday financial needs. Emirates Money's simplified loan services operate across the UAE. Apart from its branches, Emirates Money also has a large direct sales force that caters to the needs of its customers at a place most convenient for them - be it their home or workplace.

The company also has tie-ups with leading distributors of commercial vehicles, offering customers seamless financing on this product.

For further information, please visit: www.emiratesmoney.ae

About MetLife
MetLife, Inc. (NYSE: MET), through its subsidiaries and affiliates ("MetLife"), is one of the largest life insurance companies in the world. Founded in 1868, MetLife is a global provider of life insurance, annuities, employee benefits and asset management. Serving approximately 100 million customers, MetLife has operations in nearly 50 countries and holds leading market positions in the United States, Japan, Latin America, Asia, Europe and the Middle East. For more information, visit www.metlife.com.

Media contact for MetLife:
Jonathan Walsh
WPR, Dubai
+971 50 4588610
jon@wprme.com

Media contact for Emirates Money:
Ajith Henry
Communications - Group Marketing, Emirates NBD
Tel: 971-4-3874421
Mob: 971 55 6612391
Email: AjithH@emiratesnbd.com

Tricia Rego
ASDA'A Burson-Marsteller;
Dubai, UAE
Tel: 971-4-4507600;
Fax: 971-4-4358040
Email: tricia.rego@bm.com

© Press Release 2015