The Bank will run promotions to enhance the shopping experience during the event
Dubai: Emirates NBD, the biggest banking group in the Middle East in terms of assets has announced its sponsorship of the 2009 Dubai Shopping Festival. Emirates NBD has sponsored the festival since its inception and this will be the 14th consecutive year that the Bank is among its key sponsors.
"Our continued support to DSF reflects the Group's commitment to the local community and our firm support to the efforts to develop trade, commerce and tourism. As leaders in the banking and finance industry, we are glad to extend our support to one of the most important events in Dubai's calendar," said Sulaiman Al Mazroui, General Manager marketing and Corporate Communications, Emirates NBD.
In addition to being the official bank of the Dubai Shopping Festival, Emirates NBD will run promotions that enhance the shopping experience of resident and visiting shoppers who wait eagerly to benefit from the various promotions at the mega event. These promotions include providing Emirates Bank and NBD Credit Cardholders interest-free installment plans for the first 3 or 6 months on their purchases from select partners and discounted airline fares of up to 50 per cent on select airlines.
Emirates NBD's sponsorship of Dubai Shopping Festival 2009 forms just one element of the Bank's ongoing efforts to support various social, charitable, educational, cultural, environmental and sporting activities in the UAE.
It is worthy to note that Emirates Bank which is an Emirates NBD company was the first Bank to extend support to the Dubai Shopping Festival since its inception in 1996.
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About Emirates NBD
Emirates NBD (DFM: ENBD) is the biggest banking group in the Middle East by assets and the biggest banking group in the UAE by market capitalization. At 30th September 2008 total assets were AED 285.3 billion.
The Group has a leading retail banking franchise in the UAE, with over 115 branches and over 514 ATMs. It is a major player in the UAE corporate banking arena, with a combined market share of almost a fifth of corporate loans. It also has strong Islamic banking, investment banking, private banking, asset management and brokerage operations.
The Group has operations in the UAE, the Kingdom of Saudi Arabia, Qatar, the United Kingdom and Jersey (Channel Islands), and representative offices in India, Iran and Singapore.
For more information, please contact:
Ibrahim Sowaidan
04- 609 4113
050 653 8937
Ramy Lawand
04-201 2204
050 8420729
Claire Andrea
04-609 4143
© Press Release 2009
