How it started
History
Emirates NBD was initially formed as the National Bank of Dubai (NBD) on 19 June 1963 by the Emir of Dubai Sheikh Rashid bin Saeed Al Maktoum, forming the first national bank established in the country. NBD merged with Emirates Bank International (EBI) in March 2007 to form Emirates NBD. On 16 October 2007, the shares of Emirates NBD were officially listed on the Dubai Financial Market (DFM).
On 1 December 2012 Dubai Bank was acquired by Emirates NBD.
On October 7, 2022, Emirates NBD Bank PJSC sold 86,316,964 ordinary shares of BankIslami Pakistan to JS Bank.
It has been widely reported that the bank is in the race with Sumitomo Mitsui Banking Corporation to acquire a majority stake in Yes Bank.
Emirates NBD was ranked sixth on Forbes Middle East's 30 Most Valuable Banks 2025 list. It also ranked sixth on Forbes Middle East's Top 100 Listed Companies 2025 list.
From Wikipedia’s article on Emirates NBD, shared under CC BY-SA 4.0.2