Emirates NBD spread its wings to Singapore last week with the launch of its very first branch in the Asia Pacific region

Chairman of Emirates NBD told the press that the main aim of the initiative is to help facilitate investment between Singapore and the Middle East.

Singapore is a hub of financial activity that connects with China and India, the two biggest emerging markets. It is a convenient location from which to tap several international markets, the Chairman noted.

Singapore is fast becoming a stable and secure financial centre and will provide the attractive ground for investments from the UAE and other Middle Eastern countries.

The volume of bilateral trade between Singapore and the UAE amounts to SGD 11.6 billion and the new location will help NBD further strengthen economic ties. With 133 branches in the UAE, the ‘A’ rated Emirates NBD has the largest branch network in the UAE, with headquarters in Dubai.

The third largest Islamic bank in the UAE, Emirates NBD’s network includes 30 Islamic banking branches.

Emirates NBD has enjoyed a cozy presence in Singapore since 2006, when a representative office was opened there, but up until now it has not exploited opportunities for private banking and wealth management.

In Singapore, Emirates NBD plans to target High Net Worth individuals with a focus on wealth and asset management. The Group will use its strength in the UAE to create a two-way process for the flow of investments in the MENA region.

In Singapore, Emirates NBD plans to target High Net Worth individuals with a focus on wealth and asset management. The Group will use its strength in the UAE to create a two-way process for the flow of investments in the MENA region.

In Singapore, Emirates NBD plans to target High Net Worth individuals with a focus on wealth and asset management. The Group will use its strength in the UAE to create a two-way process for the flow of investments in the MENA region.