1. Emirates NBD Bank PJSC (DFM: ENBD)
Industry: Banking
Dividend yield: 4.35%1
Market cap: AED 145.28 billion1
Current focus: Employing data analytics, expanding wealth management and promoting sustainable finance.
Emirates NBD Bank PJSC was established in 2007 when the National Bank of Dubai and Emirates Bank International merged.
It’s largely owned by the government (56%) and is the main bank of Dubai. It has a presence in 13 countries, including the UAE, Egypt, Turkey, the UK and Austria, with a focus on the MENAT region.
It offers a wide range of financial services, such as Islamic banking, investment banking and asset management.
Emirates NBD Bank also has a think tank, named Future Lab, which is used to test strategies for future-proofing the bank.
Highlights:
- Total assets have surpassed AED 1 trillion
- Strong lending growth from its international audience
- The largest financial institution in Dubai