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Channel: Finance – Abu Dhabi – Information Portal

United Arab Bank

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UNITED ARAB BANK, P.J.S.C. (UAB) was incorporated in 1975 as a joint venture between diverse UAE investors and the French international financial conglomerate, Société Générale (SG).

Based in Sharjah and operating with 30 branches throughout the UAE, the Bank offers its clients tailor-made financial services in both corporate and retail banking, and has mainly established itself as a leading solutions provider for a growing commercial and industrial base across the seven emirates. Through the provision of a comprehensive range of Corporate Banking, Retail Banking, Trade Finance, SME banking and Treasury services, UAB is the Bank of choice among major corporate clientele segments in the UAE. With the launch of its “Sadara” premium banking service and Islamic Banking Services, the Bank has grown its retail customer base, aiming to expand further.

UAB has formally concluded a strategic alliance with The Commercial Bank of Qatar (CB). Described by investment analysts from around the region as a natural strategic fit, CB made an acquisition of 40% interest in UAB in December 2007, in one of the few GCC cross border agreements between two national banks – the first between banks from Qatar and the UAE.

CB had previously concluded a similar alliance with National Bank of Oman (NBO), setting the stage for strong growth by all three banks across the region.

In building an increasingly aligned structure, the Alliance of the three banks is actively focused on optimizing potential synergies, implementing industry best practice and developing shared services and product offerings.

 

Contact: +971 2 693 0950

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United Bank Limited in United Arab Emirates

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The United Arab Emirates has seen itself transform from the Trucial States in 1820, to the Federation that was formed, post independence from Britain, in December 1971 by Abu Dhabi, Dubai, Sharjah, Ajman, Umm al Quywayan Fujairah, and Ras Al Khaimah. The Federation, United Arab Emirates, has witnessed tremendous progress from the days of the Trucial States to becoming one the most admired young countries, and a favored destination of ambitious businesses and individuals.

UAE owes this it’s amazing development to the bold foresightedness and imaginative leadership of its founding father, H.H the late Sheikh Zayed bin Sultan al Nayhan. A much loved visionary, he perceived the challenges and growth opportunities that came with the discovery of oil in 1950 and the first oil exports from Abu Dhabi in 1962. His futuristic and gracious approach not only helped incorporate new ideas into traditional frameworks of governance in the UAE but also made him known as a messenger of peace and enlightenment in the Muslim world. He also built close strategic ties with the West. UAE today has become a financial, cultural and sports hub in the international community. It is the second largest economy in the GCC (Gulf Co-Operation Council) and the fifth largest exporter of oil world-wide with proven oil reserves for 100 years.

The economy that was initially built on oil revenues has now diversified into Tourism, Real estate, and Trading. From building some of the most iconic structures and world class airports to hosting exhibitions, world class cricket, tennis and golf tournaments and the prestigious Formula 1, UAE, today has it all.

 

Emirate/City Branch Name Branch Address
Dubai Deira Branch Mohamed & Obaid Almulla Building, Murshid Bazaar, P. O. Box: 1000, Deira – Dubai, UAE
Dubai Bur Dubai Branch Bank Street Building, Khalid Bin Waleed Road, P. O. Box: 1367, Dubai, UAE
Dubai Al Barsha Branch Al Faraidooni Building, Al Barsha 1, Sheikh Zayed Road, P.O. Box.No.3846, Dubai, UAE
Sharjah Sharjah Branch Al-Majaz Building, King Faisal Street, P.O. Box.No.669, Sharjah, UAE
Abu Dhabi Khalifa Main Branch Hamad Suhail Al Khaily Building, Khalifa Street, P. O. Box 3052, Abu Dhabi, UAE
Abu Dhabi Shk Hamdan Rd. Branch Ghamran Buti Al Qubaisi Building, Opp. Hamdan Centre, Sheikh Hamdan Bin Mohamed Road, P. O. Box: 2340, Abu Dhabi, UAE
Abu Dhabi Musaffah Branch M-14, Street 17, Musaffah, P.O.Box.No.237, Abu Dhabi, UAE
Al Ain Al Ain Branch Mohammed Salem Owaida Jaber Al Khaily Building, Ali Ibn Ibi Talib Street, Oud Al Toba, P.O.Box.No.1141, Al-Ain, UAE

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Barclays Bank

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Barclays has more than 300 years of history from our beginnings in Lombard Street.

The Balanced Scorecard is the final crucial piece of our plan – alongside our purpose, values and behaviours – to embed the right culture in our business and become the bank of choice.

The Balanced Scorecard defines what we need to achieve over the next five years to be well on the way to becoming the bank of choice. It clearly shows what success looks like across the 5Cs:’

Customer & Client
Colleague
Citizenship
Conduct
Company

Barclays has undertaken a fundamental review of how our business operates. We have looked at the bank in terms of business performance and in terms of culture because we know that only a business driven by strong values can deliver strong, sustainable returns.

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Doha Bank

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Doha Bank is one of the largest commercial banks in the State of Qatar. It was incorporated in 1978 and commenced its domestic and international banking services in Doha, Qatar on March 15, 1979.

As one of Qatar’s leading financial services company, Doha Bank is committed to making banking work for customers and clients like it never has before. Through innovative technologies and the ingenuity of its people, Doha Bank provides individuals and commercial, corporate and institutional clients across Qatar and even internationally, new and better ways to manage their financial lives. The company enables customers to do their banking and investing whenever, wherever and however they choose through an extensive network, and multiple access channels.

Doha Bank aims to be recognized as a dynamic, modern bank with enduring age-old values. The bank has achieved very impressive results in over two decades of its history. This has been a combined result of the management’s foresight, employee dedication and tremendous customer response.

We now look forward to a promising future, with better banking experiences for our customers, better returns for our shareholders, and an even more progressive and prosperous environment for our employees.

General Customer service: +974 4445 6000
Card Fraud Monitoring Unit: +974 4445 6883
Al-Riyada Customer Services: +974 4445 6655
Disputed Transaction Hotline: +974 4445 6789
Internet Banking Helpline: +974 4445 6000
Debit Card Activation : +974 4445 6000
Branch Helpline: +974 4445 6000
For all general postal enquires, please write to:
Doha Bank
Head Office Tower
Corniche Street
West Bay
P.O. Box : 3818
Doha, Qatar

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ICICI Bank

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Overview of ICICI Bank and details

  • Abu Dhabi Representative Office

    203 – 205, Al Reem Tower,
    Electra Street,
    P. O. Box – 31276,
    Abu Dhabi, UAE
    Call: +971-2-4179898

ICICI Bank is India’s largest private sector bank with total assets of Rs. 6,461.29 billion (US$ 103 billion) at March 31, 2015 and profit after tax Rs. 111.75 billion (US$ 1,788 million) for the year ended March 31, 2015. ICICI Bank currently has a network of 4,070 Branches and 13,437 ATM’s across India.

History

ICICI Bank was originally promoted in 1994 by ICICI Limited, an Indian financial institution, and was its wholly-owned subsidiary.

ICICI Group Companies

ICICI Bank offers a wide range of banking products and financial services to corporate and retail customers through a variety of delivery channels and through its group companies.

Board of Directors

ICICI Bank’s Board members include eminent individuals with a wealth of experience in international business, management consulting, banking and financial services.

All the latest, in-depth information about ICICI Bank’s financial performance and business initiatives.

Explore diverse openings with India’s second-largest bank.

Awards

Time and again our innovative banking services has been recognized and rewarded world over.

 

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Korea Exchange Bank

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Korea Exchange Bank (KEB) is a specialized foreign exchange bank in South Korea. It is headquartered in Seoul, and was established in 1967. Korea Exchange Bank is the fifth largest bank in South Korea measured in assets (excluding IBK and KDB) and the largest foreign exchange bank in South Korea, providing the largest range of foreign exchange products.

Korea Exchange Bank was established in 1967 as a government-owned bank specializing in foreign exchange. It was privatized in 1989 and was one of Korea’s first commercial banks.

January 1975:Started securities business
April 1978:Launched Korea’s first credit card service
March 1983:Issued travelers cheques
February 1985:Official sponsor bank for 1986 Asian Games & 1988 Seoul Olympic Games
April 1994:Listed on Korean Stock Exchange
December 1995:Opened foreign exchange research center
November 1999:Opened a foreign exchange website offering exchange rate conversions and foreign exchange services
April 2001:Opened the foreign exchange website FXKEB.COM
June 2002:Introduced ATM services in foreign currency – a first for Korea
During the 2002 World Cup Games in Korea and Japan,KEB was the first Korean bank to export Korean won to another nation, by exporting bundles of 10000 won notes to Japan.

Oct 2003: Acquired by Lone Star Funds
Feb 2004: Merged Korea Exchange Bank Credit Service Co.
Aug 2014: Korea Exchange Bank Credit Group Separated from Korea Exchange Bank
Jan 2015: Launched 1QBank and the 1Q INSTA Card in Canada, becoming the first bank in Canada to offer a prepaid Interac card not linked to a bank account.

 

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Standard Bank London Ltd.

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Celebrating 153 years of moving South Africa forward Having put down its roots in the Eastern Cape in 1862, Standard Bank is one of South Africa’s oldest companies. When it was established, the vision was for a bank that understood its customers better, had people with strong knowledge of local business conditions and would do a better job of connecting borrowers with lenders. This vision created the platform for the kind of bank it would become and the qualities on which its customers would come to rely.

Over its history, Standard Bank has grown from a mere few staff members to over 48 000 today, and extended its roots deep into the fabric of South African society. We have evolved and adapted along with our customers, growing a rich heritage while nurturing and protecting our reputation.

Today, Standard Bank Group prides itself on being a global bank with African roots. The largest African bank by assets and earnings, it operates in 20 countries on the African continent, including South Africa, as well as in other selected emerging markets.

We uphold high standards of corporate governance and are committed to advancing the principles and practice of sustainable development. Our success and growth over the long term is built on making a difference in the communities in which we operate. We are committed to moving Africa forward.

Our social compact holds us to contributing to the socioeconomic development of the countries in which we operate in a way that is consistent with the nature and size of our operations. We will provide financial services and products responsibly, bearing in mind the needs of society, our customers, our staff, our shareholders, the environment and future generations”.

Awards

Ranked the world’s 12th greenest bank
Bloomberg Markets – Year 2013

Best syndicated loan house
EMEA Finance Africa 2010;2012;2013

Best securitisation deal in the EMEA region for SA Home Loans’ recapitalization
EMEA Finance 2013

Best follow-on funding in Africa for Dangote Flour Mills of Nigeria
EMEA Finance Nigeria 2013

Best IPO in Africa
Best IPO in Africa for the listing of Ugandan power distributor Umeme Limited’s shares on the Nairobi Securities Exchange EMEA Finance Nairobi Securities Exchange 2013

Best M&A deal in Africa for Tiger Brands’ acquisition of Dangote Flour Mills
Best M&A deal in Africa for Tiger Brands’ acquisition of Dangote Flour Mills EMEA Finance 2013

Best supranational syndicated loan for its part in Afreximbank’s US$500-millon, five-year Eurobond issuance
Best supranational syndicated loan for its part in Afreximbank’s US$500-millon, five-year Eurobond issuance EMEA Finance 2013

Best sovereign syndicated loan
Best sovereign syndicated loan for taking part in Kenya’s US$600-million capital raising EMEA Finance Kenya 2013

Best Sub-Saharan Africa research house survey
Best Sub-Saharan Africa research house survey Euromoney Sub-Saharan Africa 2013

Second place in the African economies and markets
Second place in the African economies and markets category Financial Mail 2013

Top of 20 prominent South African businesses
Top of 20 prominent South African businesses Forbes magazine 2013

Best Bank for payments and collections
Best Bank for payments and collections Global Finance Magazine Africa (2010; 2011; 2012; 2013)

Best investment bank
Best investment bank Global Finance Magazine Angola 2013

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Union Bancaire Prive’e

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Union Bancaire Privée is based in Geneva and is one of the major Swiss asset management banks for both private and institutional clients. Its principal aim is the quest for performance and the preservation of its clients’ capital.

Union Bancaire Privée, which was founded in 1969 by Edgar de Picciotto, specialises in private banking and asset management. With a Tier-1 capital ratio of more than 30%, it is one of the most strongly-capitalised, independent private banks.

Edgar de Picciotto has been active in the financial world since 1956 and officially established the Compagnie de Banque et d’Investissements (CBI) in Geneva on 11 November 1969. Today, it is his son, Guy de Picciotto, who runs the Bank as CEO.

Since its early years, the CBI undertook numerous acquisitions. The largest of these was that of TDB-American Express Bank in 1990, which led to the creation of the current entity, Union Bancaire Privée. After taking over the Discount Bank and Trust Company in 2002, UBP chose to concentrate its efforts on organic growth, building on the excellence of its financial expertise.

Since 2010, UBP has undertaken several external growth operations. The Bank continues to grow both in Switzerland and abroad, and is strengthening its positioning in its preferred markets while constantly building up its financial expertise through targeted acquisitions and partnerships. Since 2011, the Bank has consistently been stepping up its wealth management activities and reinforcing its alternative investment expertise, notably by acquiring the Swiss subsidiary of the ABN AMRO group,the international private banking business of Lloyds, and also Nexar Capital Group, a major player in the alternative investment space.

Moreover, having established two successful joint ventures with TransGlobe – a company renowned for its expertise in the Chinese market –, the Bank has most recently partnered with a leading asset management team in China to found a new company, UBP Investment Management, in Shanghai.

On March 2015, UBP also signed an agreement with the Royal Bank of Scotland Group (RBS) to buy the international private banking and wealth management activities of RBS’s subsidiary, currently branded as Coutts.

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Largest Bank of India – State Bank of India in Abu Dhabi

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State Bank of India in Abu Dhabi is the largest bank in India. State Bank of India (SBI), with a 200 year history, is the largest commercial bank in India in terms of assets, deposits, profits, branches, customers and employees. The Government of India is the single largest shareholder of this Fortune 500 entity with 61.58% ownership. SBI is ranked 60th in the list of Top 1000 Banks in the world by “The Banker” in July 2012.

State Bank of India, DIFC Branch, was established in January 2007, with a vision to synergise the trade and industrial business related banking requirements between India and the UAE. It was a Category 4 branch under the license of DFSA to begin with and has upgraded its license to Category 1 branch from October 2008.

The origins of State Bank of India date back to 1806 when the Bank of Calcutta (later called the Bank of Bengal) was established. In 1921, the Bank of Bengal and two other banks (Bank of Madras and Bank of Bombay) were amalgamated to form the Imperial Bank of India. In 1955, the Reserve Bank of India acquired the controlling interests of the Imperial Bank of India and SBI was created by an act of Parliament to succeed the Imperial Bank of India.

The SBI group consists of SBI and five associate banks. The group has an extensive network, with over 20000 plus branches in India and another 186 offices in 34 countries across the world. As of 31st March 2013, the group had assets worth USD 392 billion, deposits of USD 299 billion and capital & reserves in excess of USD 23.03 billion. The group commands over 23% share of the domestic Indian banking market.

SBI’s non-banking subsidiaries/ joint ventures are market leaders in their respective areas and provide wide ranging services, which include life insurance, merchant banking, mutual funds, credit cards, factoring services, security trading and primary dealership, making the SBI Group a truly large financial supermarket and India’s financial icon. SBI has arrangements with over 1500 various international / local banks to exchange financial messages through SWIFT in all business centres of the world to facilitate trade related banking business, reinforced by dedicated and highly skilled teams of professionals.’

The branch is regulated by DUBAI FINANCIAL SERVICES AUTHORITY [DFSA] and operates under the guidelines laid out by DFSA.

Contact: 

709-710, Level 7, Gate Precinct Buildings 3
Dubai International Financial Centre
Dubai, United Arab Emirates
Post Box No: 482033
Phone: +971.4.3266675
Fax: +971.4.3544429
E mail:sbidifc@sbi.ae

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Axis Bank Overseas office in Abu Dhabi offers NRI services

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Axis Bank is the 3rd largest private sector bank in India. With over 1,800 branches and 10,000 ATMs across the country, the network of Axis Bank spreads across 1,000 cities and towns. The Bank also has overseas offices in Singapore, Hong Kong, Shanghai, Colombo and Abu Dhabi.

With attractive interest rates, competitive exchange rates and a Dedicated Relationship Manager*, Axis Bank helps NRIs make the most of India’s growth story. Through specially designed savings, investment and loan products, we strive to be an ideal partner in your progress.

Our bouquet of NRI services include:

  • Savings
  • Remittance
  • Loans
  • Investments
  • Insurance
UAE 8000 3570 3218 ITF 24 x 7 Can be called only from UAE

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