UAE - Dubai, 21st March, 2012: Emirates NBD PJSC - rated A3 by Moody's and A+ by Fitch, the largest bank in the UAE by assets, has mandated Bank of America, Merrill Lynch, Deutsche Bank, Emirates NBD Capital, HSBC and NBAD, as joint lead managers and joint bookrunners for its upcoming US Dollar Regulation S transaction, under Emirates NBD's USD 7,500MN EMTN Programme. The issue is expected to be launched in the near future subject to market conditions. ICMA/FSA Stabilisation.
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About Emirates NBD
Emirates NBD is a leading banking Group in the region. As at 31 December 2011, total assets were AED 284.6 billion. The Group has a leading retail banking franchise in the UAE, with over 168 branches and over 780 ATMs and CDMs. It is a major player in the UAE corporate banking arena and has strong Islamic banking, Global Markets & Treasury, Investment Banking, Private Banking, Asset Management and Brokerage operations.
The Group has operations in the UAE, the Kingdom of Saudi Arabia, Qatar, Singapore, the United Kingdom and Jersey (Channel Islands), and representative offices in India and Iran.
The Group is an active participant and supporter of the UAE's main development initiatives and of the various educational, environmental, cultural, charity and community welfare establishments.
For more information, please visit: www.emiratesnbd.com or contact:
Ibrahim Sowaidan
Head Group Corporate Communications
Direct: +971 4- 609 4113
Mobile: +971 50 653 8937
Email: ibrahims@emiratesnbd.com
Claire Andréa
Group External Communications
Direct: +971 4-609 4143
Email: clairea@emiratesnbd.com
© Press Release 2012
