Description
On 19 June 2013, Emirates NBD, the leading bank in the region, celebrated its 50th anniversary, an extraordinary achievement that signifies its determination and success. The National Bank of Dubai (NBD), one of Emirates NBD’s constituent banks, began its operations on this date 50 years ago, as the first national bank in the United Arab Emirates (UAE). NBD merged with Emirates Bank International (EBI), which was established in 1977 and previously known as the Union Bank of the Middle East, to create Emirates NBD.
The group’s 50th anniversary celebrations are dedicated to the long-standing cultural heritage of the UAE, and the memory of NBD and EBI, the two banks that played a vital role in growing economy managing to withstand dramatic changes and contribute to the evolution of the region’s financial industry.
On 16 October 2007, shares of Emirates NBD were officially listed on the Dubai Financial Market (DFM). The Emirates NBD 2007 merger between EBI and NBD became a regional consolidation blueprint for the banking and finance sector, as it combined the second and fourth largest banks in the UAE. This merger formed a banking giant, capable of delivering enhanced value across corporate, retail, Islamic and investment and private banking, global markets and treasury and a leader in the field of asset management products and brokerage services.
Emirates NBD’s vision is to be globally recognized as the most valued financial services provider based in the Middle East. It is a market leader across core business lines and the leading retail banking franchise, with over 219 branches and over 219 ATMs and cash deposit machines (CDMs) spread across the country and overseas.
As a socially responsible cooperation, Emirates NBD is committed to integrating environmental and social developments in its business operations through a corporate social responsibility (SCR) strategy that focuses on healthcare and wellbeing, education and environment. Preservation of the UAE culture and heritage are the heart of this strategy. In addition to supporting various initiatives aimed at pearl museum in the region, housing one of the largest collections of natural pearls in the world. The Emirates NBD pearl museum is a gift from the late Sultan Al Owais – the founder of the National Bank of Dubai – to the people of the UAE to remind them of their culture and heritage before the discovery of oil.
The Group has operations in the UAE, the kingdom of Saudi Arabia, Qatar, Egypt, the United Kingdom, Singapore, and representative offices in India, China and Indonesia.
Currently, Emirates NBD, making it one of the largest and most culturally diversified employers of the UAE, employs more than 9,000 people, representing 70 nationalities.
As part of its commitment to support UAE institutions by promoting them locally and internationally, and in recognition of their vital role in national development, Emirates Post has issued a set of commemorative stamps to mark the 50th anniversary of Emirates NBD, in addition to distinctive Souvenir Sheet.
Sold as: 20 per denomination, a total of 80 stamps in 4 sheets
Stamp Price: 1 AED, 2 AED, 3 AED, 4 AED
