There is tremendous opportunity for banks and financing institutions as almost 50,000 UAE-based small and medium enterprises (SMEs) are on the lookout for additional capital and financing, according to a report.
Emirates Money, a wholly
Emirates Money, the consumer finance arm of the Emirates NBD Group, and Dubai Islamic Insurance and Reinsurance (Aman) have launched a new Takaful product together with FWU Global Takaful Solutions.
Banca Takaful is a Shari'ah-compl
Emirates Money, a leading consumer finance company, has reported a 31 per cent year-on-year growth in its asset book for 2011, which crossed Dh1.1 billion ($299.4 million).
The wholly owned subsidiary of the Emirates NBD Group also reporte
Emirates Money, a consumer finance company and subsidiary of Emirates NBD Group, has launched a new promotion that offers customers, with approved personal loan applications, a chance to win 100gms of gold each week.
The ten-week promotio
Emirates Money, a consumer finance company and wholly owned subsidiary of Emirates NBD Group, will double its branch network in the UAE, with three new branches in Dubai in 2012.
The announcement follows approval from the UAE Central Bank
Emirates Money, a consumer finance company and wholly-owned subsidiary of the EmiratesNBD Group, said the value of its loan book hit Dh1 billion ($272.2 million).
Founded in mid-2008, Emirates Money has reached this milestone by cont
Emirates Money, a consumer finance company and subsidiary of Emirates NBD Group, has launched commercial vehicle financing for fruit and vegetable traders in the Al Aweer area in Dubai.
The initiative is being led by Emirates Money, in con
Emirates Money, a consumer finance company and part of the Emirates NBD Group, registered a 26 per cent growth in loan portfolio in 2010, when compared to 2009.
The company reported that in a short span of three years its customer base has
Emirates Money, a subsidiary of Emirates NBD, a leading bank in the region, has launched a new loan initiative that enables customers to borrow up to 80 per cent of the value of the gold they deposit.
“Loan Against Gold” is the first produ
Emirates NBD has obtained a licence from the Central Bank of the United Arab Emirates to launch a new consumer finance company under the name of Emirates Money Consumer Finance.
The licence will allow Emirates Money to commence operation