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Emirates NBD Expands Presence In Sharjah

Opens 12th branch in Northern Emirates located on Sharjah Taawun Street. In line with bank’s ongoing expansion strategy in 2011.

Emirates NBD, a leading bank in the region, announced today that it has further extended its services to its Sharjah-based clients, with the opening of a new branch on Al Taawun Street. This brings the total number of Emirates NBD branches in Sharjah and the Northern Emirates to 12, and the total number of ATMs to 72, of which 44 are located in Sharjah alone.

Emirates NBD has continued to expand its branch network and the bank’s distribution capability has also been further boosted with last year’s addition of 95 new ATMs nationwide.

“Emirates NBD displayed excellent financial results through last year, despite the ongoing financial downturn, and accomplished significant growth in both business and customer base,” said Jamal Bin Ghalaita, Group Deputy CEO, Emirates NBD. “Through 2011, we will further strengthen our position as the leading bank in the region, and today’s announcement is in line with this strategy.

“We aim to increase our reach to customers by having a presence in all major communities in the UAE where people reside, have businesses or spend leisure time,” he continued. “And this latest opening provides greater accessibility and convenience for our customers, delivering a diverse portfolio of financial products and services through a large network of branches and ATMs.”

Abdulelah AlKindy, General Manager, Retail Banking, Emirates NBD said: “The Taawun area of Sharjah is a dynamic commercial and residential district with a diverse and multicultural population. The location of this branch has been strategically selected to increase convenience for both the local community as well as transient traffic through the area.

“Our aim is not only to serve our customers, but to be a part of this thriving community,” he continued. “Our trained staff look forward to welcoming customers to the branch, where they will find information and guidance on their individual banking needs.”

The Taawun Street branch is open from 8 am to 2 pm, Saturday to Thursday, and offers customers a range of consumer finance products and solutions, including customised loans for UAE Nationals, Borrow Wisely personal loans, Auto Loans with unique features and Shari’a-compliant insurance products, Takaful and Savings. The branch will also have an ATM and a Cash Deposit Machine available.

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