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08 April 07:40 AM

Emirates NBD PJSC (EMIRATESNBD)

Last update: 7 April 02:58 PM market time.
27.74
-0.52
-1.84%
Open 28.26
Previous Close 28.26
High 28.40
Low 27.74
Stock Statistics
Volume 1,557,819
Turnover 43,406,098.14
All data are 15 minutes late during market session

News

ENBD REIT's facility will be in two tranches
15 November 2018 01:02 PM ENBD REIT raises $75m Islamic financing to boost portfolio diversification
Dubai —  Mubasher: ENBD REIT has secured a total of $75 million (AED 275 million) murabaha finance facility with Standard Chartered Bank for a three-year period with a possibility to increase the facility to $100 million, according to a recent …
Companies Investments
The distributions will be paid at a coupon rate of 3.25%
14 November 2018 09:28 AM Emirates NBD to pay bond coupon distribution
Dubai – Mubasher: Emirates NBD announced that it will pay a bond coupon distribution for the period of 10 May to 19 November. The distributions will be paid at a coupon rate of 3.25% for the aforementioned 180-day period, Dubai's biggest lender …
Bonds
Photo Archive
9 November 2018 11:52 PM Network International plans $3bn IPO
Mubasher: Network International has reportedly chosen picked six banks to manage its potential $3 billion initial public offering (IPO). Citigroup, JPMorgan Chase, Morgan Stanley were hired as global coordinators for the stock sale, Barclays, …
Initial Public Offerings
Five UAE-based banks topped the list of the Middle East’s safest banks
7 November 2018 04:02 PM 5 UAE banks top Middle East's safest lenders – Global Finance
Abu Dhabi – Mubasher: Five UAE-based banks topped the list of the Middle East’s safest banks, according to Global Finance Magazine’s latest report. The First Abu Dhabi Bank (FAB) came in the first spot, with total assets of $185.15 billion, …
Banking and Finance
Profits of the DFM’s lenders grew 19% to AED 14.67 billion in the first nine months of 2018
6 November 2018 03:18 PM DFM listed banks see 12% profit rise in Q3 – Survey
By: Mahmoud Gamal Dubai – Mubasher: Net profits of the Dubai-based banks rose 11.6% year-on-year during the third quarter of 2018. Net profits of the seven banks listed on the Dubai Financial Market (DFM) amounted to AED 4.95 billion in Q3-18, …
Sector Reports
This makes Emirates NBD be the UAE’s first lender providing this platform in the Arab region
5 November 2018 02:36 PM Emirates NBD to be 1st UAE lender adopting API Sandbox
Dubai – Mubasher: Emirates NBD on Monday announced that it has managed to open banking collaboration with the launch of its API (Application Programming Interface) Sandbox. This makes Emirates NBD be the UAE’s first lender providing this platform …
Banking and Finance
The heavyweight stock pushed the banks sector to grow 1%
30 October 2018 10:04 AM Emirates NBD’s stock rises 2% Tuesday
Dubai – Mubasher: The stock of Emirates NBD, listed on the Dubai Financial Market (DFM), increased by 2.2% to AED 9.2 on Tuesday after announcing the earnings statement of the first nine months of 2018. By 10:42 am UAE time, the stock saw the …
Trading Activities
Total operating income totalled AED 4.454 billion in the three-month period ended September
30 October 2018 09:42 AM Emirates NBD Q3 profit rises 16%
Dubai – Mubasher: Emirates NBD, listed on the Dubai Financial Market (DFM), on Tuesday posted a 16% year-on-year rise in profits for the third quarter of 2018, recording AED 2.638 billion, versus AED 2.275 billion. Total operating income totalled …
Financial Results
Emirates NBD raises $2bn loan
18 October 2018 00:28 PM Emirates NBD raises $2bn loan
Dubai – Mubasher: Emirates NBD has raised a three-year loan worth $2 billion. The loan was raised last month through 18 banks, a bank representative told Reuters. They added that Emirates NBD was going to use the proceeds to refinance an existing …
Banking and Finance
NBE will cover EGP 1.2 billion of the loan
17 October 2018 00:39 PM NBE to raise EGP 3.2bn loan for Samcrete Egypt
By: Islam Fadl Cairo – Mubasher: The National Bank of Egypt has sent a memorandum of provisions to a number of local lenders to arrange an EGP 3.2 billion loan for Samcrete Egypt Engineers and Contractors. The banks include Banque Misr, Banque du …
Banking and Finance
NBD announced that its 51%-owned subsidiary Network International (NI) was considering an initial public offering of its shares
8 October 2018 06:08 PM Emirates NBD unit mulls IPO
Dubai – Mubasher: Emirates NBD on Monday announced that its 51%-owned subsidiary Network International (NI) was considering an initial public offering (IPO) of its shares. The bank further noted that talks of an IPO for NI, which is a leading …
Companies Investments
The step came fater the Turkish Lira dropped by more than a fifth of its value since the deal was signed
3 October 2018 01:27 PM Emirates NBD mulls renegotiating Turkish Denizbank's acquisition offer after Lira crisis
Dubai – Mubasher: Emirates NBD is mulling over renegotiating its offer for Russia’s state-owned Sberbank to acquire its wholly-owned Turkish unit, Denizbank. The step came after the Turkish Lira dropped by more than a fifth of its value since the …
Mergers and Acquisitions
The issuance will help in financing the Bahraini government to overcome the unfavorable market conditions
6 September 2018 11:41 AM KFH participates in $500m Bahraini private bond issue
Mubasher: The government of the Kingdom of Bahrain has raised $500 million with the private placement of a sovereign bond issue in partnership with five regional banks including Kuwait Finance House (KFH). The banks also comprised Emirates NBD, …
Bonds
The event enabled issuers to showcase their latest business developments
5 September 2018 01:30 PM DFM Int'l Investor Roadshow attracts host of institutions
Dubai - Mubasher: The Dubai Financial Market’s (DFM) International Investor Roadshow in London has been proven successful, as it connected representatives from 49 international institutions, in addition to 10 listed companies. Hosting 151 …
Event
Emirates NBD launches DirectRemit services to UK
30 August 2018 10:12 AM Emirates NBD launches DirectRemit services to UK
Dubai – Mubasher: Emirates NBD announced launching DirectRemit services to the UK, which would enable clients to transfer money at competitive exchange rates and without paying fees. The DirectRemit services will enable the UK citizens who live in …
Management Decisions
“The banks also benefited from a 27% year on year reduction in loan loss provisions"
15 August 2018 04:49 PM UAE 4 largest banks post higher profit on lower interests – Moody’s
Dubai – Mubasher: The four largest banks in the UAE have reported a 21% year-on-year increase in their combined profits during the second quarter of 2018, recording AED 8 billion. The rise in interest income and the decline in a group of …
Ratings
The banks sector declined 2.4%
13 August 2018 02:22 PM DFM falls over 42 pts on Emirates NBD, Emaar Monday
Dubai – Mubasher: The Dubai Financial Market’s (DFM) general index lost 42.31 points, or 1.46%, to close at 2,847.14 points on Monday, dragged down by Emirates NBD and Emaar Properties. The banks sector declined 2.4%, as Dubai’s biggest lender …
Trading Activities
The situation in Turkey will have its repercussions in the GCC economies
13 August 2018 11:59 AM Turkish crisis maintains special presence in UAE markets
By: Mahmoud Gamal Dubai – Mubasher: The diplomatic spat between Turkey and the US has stolen the limelight from the disclosures in the UAE markets. This tension began when Turkey refused to release an American evangelical pastor accused of being …
Trading Activities
The deal’s value may reach $2.27bn after a 28% plunge in the Turkish Lira
13 August 2018 11:29 AM Emirates NBD may save $1bn in Turkish deal on Lira plunge
Dubai – Mubasher: Emirates NBD may save as much as $1 billion in its deal to acquire Turkey’s Denizbank due to the decline in the European country’s currency. The deal’s value, which has stood at $3.2 billion on 22 May, may reach $2.27 billion …
Banking and Finance
The Dubai-listed bank declined to comment
12 August 2018 05:48 PM Emirates NBD keeps close eyes on Turkish situation
Dubai – Mubasher: Emirates NBD has stated that it is “closely monitoring” the economic situation in Turkey. According to Reuters, the Dubai-listed bank declined to comment on reports about the renegotiation of a $3.2 billion deal to acquire …
Banking and Finance
The optimistic sentiment was still high
12 August 2018 00:38 PM UAE non-oil private sector hit 3M low; demand surges in July – Report
Dubai - Mubasher: The UAE’s non-oil private sector activity marked a three-month low in July on the back of slower output and work orders, leading to lower business confidence, according to a recent survey sponsored by Emirates NBD and produced by …
Macroeconomics
Egyptian non-oil private sector firms reported a robust volume of new business
12 August 2018 09:53 AM Egypt non-oil private sector sees upturn in July – PMI
Cairo – Mubasher: Egypt’s non-oil private sector has improved in July, hitting an eight-month high on the back of an increase in new orders and exports. The headline seasonally adjusted Emirates NBD Egypt Purchasing Managers’ Index (PMI) rose to …
Sector Reports
This growth stemmed from the increase in loans
19 July 2018 08:37 PM DFM-listed banks achieve higher profits in H1
By: Mahmoud Gamal Dubai – Mubasher: The banks listed in the Dubai Financial Market (DFM) have reported higher growth in net profit during the first six months of 2018, exceeding the expected increases, on the back of the decline in bad debt …
Banking and Finance
The bank’s total income increased by 13% to AED 8.451 billion in H1
18 July 2018 10:04 AM Emirates NBD profit rises 29% in H1
Dubai – Mubasher: Emirates NBD on Wednesday reported a 29% year-on-year rise in net profit for the first half of 2018, recording AED 5.018 billion from AED 3.894 billion. The bank’s total income increased by 13% to AED 8.451 billion in the …
Financial Results
Abraaj’s troubles began after allegations of money misuse
16 July 2018 11:57 AM Emirates NBD unveils AED 143m exposure to Abraaj
Dubai – Mubasher: Emirates NBD has announced its exposure to The Abraaj Group through an AED 78.24 million ($21.3 million) investment in the ailing private equity firm’s asset management business. The Dubai-listed company also revealed an AED …
Companies Investments