Saif Sultan Abdulla Al-Salami, Chairman at Amwal Brokerage, said: “We are delighted to partner with Emirates NBD, the UAE’s first authorised General Cleaning Member, to provide us clearing and settlement services as we aim to strengthen our trading. Our partnership is aligned to our continuous endeavour to provide customers with superior services that meet the highest standards of efficiency and transparency.
“We would also like to thank the Securities and Commodities Authority for their continuous efforts towards improving the overall legislative and regulatory framework of financial markets, which will potentially contribute to an upgrade in the UAE’s classification to a developed market in the future,” added Al-Salami.
Seen here in the picture are Saif Sultan Abdulla Al-Salami, Chairman at Amwal Brokerage, and Deeptha Premasinghe, Head, General Clearing Member Services at Emirates NBD.
About Emirates NBD:
Emirates NBD is a leading banking Group in the region. As at 31st March 2018, total assets were AED 475.6 Billion, (equivalent to approx. USD 129.4 Billion). The Group has a significant retail banking franchise in the UAE and is a key participant in the global digital banking industry, with over 90 per cent of all financial transactions and requests conducted outside of its branches. The bank was declared the Most Innovative Financial Services Organization of the Year at the 2017 BAI Global Innovation Awards.
The bank currently has 228 branches and 1057 ATMs and SDMs in the UAE and overseas and a large social media following, being the only bank in the Middle East ranked among the top 20 in the ‘Power 100 Social Media Rankings’, compiled by The Financial Brand. It is a major player in the UAE corporate and retail 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, Egypt, the Kingdom of Saudi Arabia, India, Singapore, the United Kingdom and representative offices in China and Indonesia.
The Group is an active participant and supporter of the UAE’s main development and community initiatives, in close alignment with the UAE government’s strategies, including financial literacy and advocacy for inclusion of People with Disabilities under its #TogetherLimitless platform. Emirates NBD Group is an Official Premier Partner of Expo 2020 Dubai. For more information, please visit: www.emiratesnbd.com
For further information on Emirates NBD, please contact:
Senior Vice President
Head - Group Corporate Affairs
Telephone: +971 4 609 4113 / +971 50 6538937
ASDA’A Burson-Marsteller; Dubai, UAE
Tel: 971-4-4507600; Fax: 971-4-4358040
© Press Release 2018