Monday 19 November 2018
 
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Emirates Development Bank

Emirates Development Bank wins top Fitch rating

The Emirates Development Bank (EDB) said it has become the first fully-owned federal institution to receive a AA- rating from Fitch, thus indicating the Emirati group's financial position and credit strength. The Emirati group's

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UAE bank launches collateral registry system

Emirates Development Bank (EDB) has launched the Emirates Movable Collateral Registry Corporation (EMCR), a pioneering registry system aimed at helping secure creditors' rights over movable collateral in the UAE. EMCR aims to

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UAE bank launches collateral registry system

Emirates Development Bank (EDB) has launched the Emirates Movable Collateral Registry Corporation (EMCR), a pioneering registry system aimed at helping secure creditors' rights over movable collateral in the UAE. EMCR aims to

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EDB launches new housing loan scheme for UAE nationals

The Emirates Development Bank (EDB) has launched a new finance scheme under which UAE nationals who have obtained relevant approvals from the country's major housing institutions including Sheikh Zayed Housing Programme, the Abu Dhabi Housin

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EDB launches new housing loan scheme for UAE nationals

The Emirates Development Bank (EDB) has launched a new finance scheme under which UAE nationals who have obtained relevant approvals from the country's major housing institutions including Sheikh Zayed Housing Programme, the Abu Dhabi Housin

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UAE ministry signs key mortgage deal with EDB

UAE’s Ministry of Finance (MoF) has signed a cooperation agreement with Emirates Development Bank (EDB) to create an electronic register to publicise related rights to ‘Mortgage of Movable Property’ under the management of EDB.

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EDB approves $204m Emirati housing loans

The Emirates Development Bank (EDB) has approved an estimated budget of Dh750 million ($204 million) for 2017 to finance housing loans for UAE nationals, said a report. The budget has allocated a similar amount for the development

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