· Reinforces Emirates NBD Group's firm commitment to integrate sustainable practices on all fronts
· Training provided by Candriam Academy to enhance team capabilities
Dubai: The Private Banking arm of Emirates NBD, a leading bank in the MENAT (Middle East, North Africa and Turkey) region is enhancing its capabilities in the growing Environmental, Social, and Corporate Governance (ESG) investment sector.
The bank’s Private Banking Relationship and Investment Advisory teams -have undergone certification training by Candriam Academy, an accredited training platform for sustainable and responsible investing. The Candriam Academy is operated by Candriam, an affiliate of New York Life Investments, a leading asset manager globally and a recognised pioneer in sustainable investing.
The initiative reinforces Emirates NBD Group's ongoing commitment to integrate sustainable practices throughout its value chain and to develop best-in-class products that help clients align investment decisions with personal values.
Candriam's eight-module programme, accredited by the Dubai Legal Affairs Department, will help the Private Banking Relationship and Investment Advisory teams to deepen their understanding of ESG investing to support the bank’s long-term commitment to encourage innovative investments for a more sustainable world.
The training certification will also be rolled out across other business units to continue enhancing the sustainability of the bank's operations, fostering a shared sense of responsibility and commitment across the bank.
As an organisation firmly committed to its sustainability agenda, Emirates NBD continues to take active strides towards growing its environmental, social and governance performance, in line with the United Nations Sustainable Development Goals and UAE’s vision to be a sustainable knowledge-based economy.
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About Emirates NBD
Emirates NBD (DFM: Emirates NBD) is a leading Banking Group in the MENAT region. As at 31st March 2021, total assets were AED 695 Billion, (equivalent to approx. USD 187 Billion). The acquisition of DenizBank represents a significant milestone for Emirates NBD with the Group expanding its presence to 13 countries, servicing over 14 million customers. The Group is ranked among the top 20 in the Forbes’ list of the World’s Best Regarded Companies, securing a leading spot among global brands.
The Group has a significant retail banking franchise in the UAE and is a key participant in the global digital banking industry with 94% of all financial transactions and requests conducted outside of its branches. The Group announced the creation of E20., a digital business bank for entrepreneurs and SMEs while Liv., the lifestyle digital bank for millennials continued to be the fastest growing retail proposition in the UAE. Emirates NBD was named ‘UAE’s Best Bank’ in 2020 for a fifth consecutive year by Euromoney. In addition, Emirates NBD received the ‘Excellence in Leadership in the Middle East’ award, introduced in 2020 in light of the Covid-19 impact, as a recognition of its efforts in responding to the Covid-19 crisis. The Bank is ranked 87th in The Banker’s list of the World’s Top 1,000 Banks. Emirates NBD was named ‘Bank of the Year – UAE 2020’ for the sixth year and ‘Bank of the Year – Middle East 2020’ for the third time by The Banker. In addition, Emirates NBD has been assessed as the ‘Strongest Bank in the UAE’ and ‘Fifth Strongest Bank in the Middle East’ by The Asian Banker 500 Largest and Strongest Banks Rankings.
The Group has operations in the UAE, Egypt, India, Turkey, the Kingdom of Saudi Arabia, Singapore, the United Kingdom, Austria, Germany, Russia and Bahrain and representative offices in China and Indonesia with a total of 907 branches and 4,032 ATMs / SDMs. The Group has 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 for 2019. Emirates NBD is a major player in the UAE corporate segment and has strong Islamic banking, investment banking, private banking, asset management, global markets & treasury and brokerage operations.
Emirates NBD 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. The Group is recognised for the pioneering efforts in
employee volunteering and corporate social responsibility by IMPACT2030, the corporate volunteering arm of the United Nations. Emirates NBD Group is a Premier Partner and the Official Banking Partner for Expo 2020 Dubai.
For further information on Emirates NBD, please contact:
Ibrahim Sowaidan Senior Vice President Head - Group Corporate Affairs Emirates NBD Telephone: +971 4 609 4113 / E-mail: ibrahims@emiratesnbd.com
Tricia Kaul Asda’a bcw; Dubai, UAE Telephone: 971-4-4507600; Fax: 971-4-4358040 Email: Tricia.Kaul@bcw-global.com
© Press Release 2021
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