THE MIDDLE EAST’S
6. Emirates NBD
Country: U.A.E.
Group CEO : Shayne Nelson
Market value: $30.4 billion
Emirates NBD was formed in 2007 by a merger between Emirates Bank International and the National Bank of Dubai. Today, It has 856 branches, two representative offices, and 17 subsidiaries, serving over nine million active customers in 13 countries. In October 2023, the bank launched a digital wealth platform embedded within its mobile app ENBD X to allow customers to trade more than 11,000 global and regional equities and ETFs across 21 capital markets. The platform had facilitated over $272.3 million in investments as of December 2023. The bank issued $750 million in green bonds in 2023. In 2023, it had assets worth $234.9 billion, and it recorded net profits of $5.9 billion, an increase of 65.4% compared to 2022.