Dubai – Mubasher: Emirates NBD on Monday announced the opening of its second branch in the Saudi capital Riyadh.
After opening the new office, the Dubai-based lender’s branches across the oil-rich Kingdom are considered the biggest presence outside the UAE and Egypt.
The branch will offer business, private, retail, and wholesale banking services, according to an official statement.
“Emirates NBD’s investment in a robust full-fledged branch network across the Kingdom’s key provinces, strengthens our offering to individuals and corporates in KSA,” Emirates NBD KSA’s CEO Loai Abduljawad stated.
In 16 April, Emirates NBD inaugurated its first branch in Saudi Arabia in Jeddah as part of a big expansion plan.
The bank which is listed on the Dubai Financial Market (DFM) also noted that it was planning to open two more branches in Khobar and Riyadh.
