Thursday 20 June 2013
 
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EIB

EIB working on Dubai Bank integration

Emirates Islamic Bank (EIB), the Islamic banking arm of EmiratesNBD Group, said the ongoing integration of Dubai Bank‘s branches and operations will lead to the creation of stronger, more resilient proposition for customers.

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EIB, Dubai Bank offer free air tickets

Emirates Islamic Bank (EIB) and Dubai Bank, part of the Emirates NBD Group, said they will be giving away return air tickets to customers who avail personal finance of Dh75,000  ($20,419) and above. This offer is available to customer

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EIB offers 100pc home financing

Emirates Islamic Bank (EIB), a leading Islamic financial institution, has launched a new Sharia-compliant mortgage product that offers UAE nationals 100 per cent financing. The new mortgage loans can be used for purchasing an existing prop

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ENBD seeks approval for Islamic units' merger

Emirates NBD, Dubai's largest lender, is seeking approval from three government bodies to merge its two Islamic banking units, sources told Reuters on Monday. The bank is aiming to combine its Emirates Islamic Bank arm with Dubai Bank,

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EIB launches Jumeirah home finance scheme

Emirates Islamic Bank (EIB), one of the leading Islamic financial institutions in the region, said it has launched a special housing finance campaign for customers to help them own their dream home in “Jumeriah Park,” a key project developed by Na

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$50m SME fund set up in Lebanon

Networking leader Cisco and European Investment Bank (EIB) have tied up with Riyada Enterprise Development, a unit of Dubai-based investment group Abraaj, to set up a $50 million capital fund for small and medium enterprises (SMEs) in Lebanon

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EIB H1 income surges 321pc at $87m

Emirates Islamic Bank (EIB) has reported a net profit, excluding depositors’ share, of Dh320 million ($87 million) for the first half of this year, up 321 per cent compared to Dh76 million ($20.7 million) for the same period last year. Tot

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Danat India Fund tops $57m

Emirates Islamic Bank’s Danat India RIA Fund has exceeded all expectations. Investments into the fund are now closed, with the bank having collected the required amount of Dh210 million ($57.19 million). The Emirates Islamic Bank (EIB) ha

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EIB net surges 253pc to $40.45m

Emirates Islamic Bank’s net profit rose 253 per cent to Dh148.6 million ($40.45m) in the first quarter of this year. The total income grew to Dh359.2 million from Dh189.5 million during the same period last year witnessing an increase of

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EIB launches airline credit card

Emirates Islamic Bank (EIB), one of the leading financial institutions in the UAE, has launched the first-ever Islamic co-brand airline credit card in the region in partnership with Emirates Skywards and Visa. Called the Skywards Emirates

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