NBD launches Kanzi Solutions

Dubai, May 27, 2008

The exclusive Private Bank of Emirates Bank and National Bank of Dubai has launched its unique Kanzi Solutions offering provident schemes, employee share option plans and deferred compensation schemes designed to give regional companies a competitive advantage when hiring and retaining good talent. 

The launch ceremony was led by Emirates NBD general manager, consumer banking and wealth management, Jamal bin Ghalaita.

“Kanzi, offered through the Private Bank at Emirates NBD, is a unique and rewarding solution for both regional and international corporations operating in the GCC. It is designed to enable regional companies to, firstly attract executive talent and then firmly retain them. Kanzi offers our corporate clients an advanced system to include a set of management and employee trust services for share and stock plans, international provident plans and deferred compensation schemes,” said Bin Ghalaita.

“The GCC is integrating into the global economy at an astounding rate leading to competition in entirely new arenas. Attracting and retaining staff is becoming key to a companies success.”

Emirates NBD Kanzi can be broken down into three main elements: The Provident Scheme, Employee Share Option Plans (ESOPs) and Deferred Compensation schemes.  Each scheme is a tailor-made solution to provide employees with long term savings plans ahead of their retirement. 

ENBD Kanzi, although a new service for ENBD, has been structured with the appointment of internationally experienced specialist alliance partners, who offer extensive knowledge and experience in this field. 

This ultimately enables ENBD to provide international expertise with true local understanding.

The Private Bank at Emirates NBD offers customers a specialized, tailored facility to professionally manage, grow, safeguard and diversify the future of family wealth, in the context of continuous change and evolution.- TradeArabia News Service

Tags: NBD | Emirates Bank | Kanzi |