Emirates NBD celebrates Flag Day

Press release

Published November 6th, 2013 - 09:22 GMT

Emirates NBD Board Members & Senior Executives raise UAE National flag

Emirates NBD, a leading bank in the region, today raised the UAE National flag on its premises, to celebrate the symbol of the homeland and reinforce the sense of belonging that people feel towards the UAE, while at the same time commemorating the ascension of HH Sheikh Khalifa bin Zayed Al Nahyan as President of the country.

The celebrations were held in the presence of Members of the Board of Directors and Senior Executives at Emirates NBD in accordance with the Flag Day initiative launched by HH Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, to promote the culture of treating the flag as a symbol of the homeland, and a symbol of national sovereignty and unity.

HH Sheikh Ahmed Bin Saeed Al Maktoum, Chairman of Emirates NBD said: “Emirates NBD is honoured to endorse the Flag Day initiative launched by HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai. As a leading UAE bank, we fully support initiatives that highlight a strong sense of national unity and belonging, and venerate the principles upon which the union was founded.”

Celebrations are on across the country for the Flag Day initiative and are expected to include many activities that reinforce the message of national sovereignty.

Background Information

Emirates NBD

Emirates NBD, the leading banking group in the region, was formed on 19 June 1963, when H.H. Late Sheikh Rashid bin Saeed Al Maktoum signed the Charter of Incorporation of the National Bank of Dubai (NBD) which became the first National Bank established in Dubai and the United Arab Emirates (UAE). With the blessings of H.H. Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, NBD merged with Emirates Bank International (EBI) on 06 March 2007, to form Emirates NBD, the largest banking group in the region by assets. On 16 October 2007, the shares of Emirates NBD were officially listed on the Dubai Financial Market (DFM). The merger between EBI and NBD to create Emirates NBD, became a regional consolidation blueprint for the banking and finance sector as it combined the second and fourth largest banks in the UAE to form a banking champion capable of delivering enhanced value across corporate, retail, private, Islamic and investment banking throughout the region.