Friday 19 December 2014
 
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Emirates Money

50,000 SMEs on look out for more financing

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

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Emirates Money, Aman launch Takaful product

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

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Emirates Money asset book up 31pc in 2011

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

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Emirates Money offers chance to win gold

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

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Emirates Money to open new branches

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

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Emirates Money loan book hits $272m

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

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EM offers financing for perishable goods vehicles

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

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Emirates Money loan portfolio rises 26pc

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

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Emirates Money offers loan against gold

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

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Emirates Money gets licence

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

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