RBL Bank, whose majority stake is set to be acquired by Dubai-based Emirates NBD, expects the first tranche of capital from the lender to come in within five to seven months after receiving regulatory ...
DUBAI, Nov 22 (Reuters) - Emirates NBD , the Gulf region's biggest lender, has exposure of up to $350 million to two Saudi conglomerates now restructuring their debt, Emirates NBD Chief Executive Rick ...
Capitalmind CEO Deepak Shenoy on Sunday described Emirates NBD Bank's planned Rs 26,853 crore investment in RBL Bank as "an effective takeover," as the UAE-based lender moves to acquire a controlling ...
Emirates NBD cemented its position as the Middle East’s best bank with a landmark year of strategic expansion, digital leadership and record-breaking financial performance. As one of the region’s most ...
Emirates NBD Bank and RBL Bank Limited have approved entering into definitive agreements for Emirates NBD to acquire a controlling stake in RBL Bank through a primary infusion of approximately $3bn ...
DUBAI, March 28 (Reuters) - Emirates NBD has appointed Jamal bin Ghalaita as the new chief executive of Dubai Bank, the company said in a statement on Wednesday. Bin Ghalaita will also continue his ...
DUBAI (Zawya Dow Jones)--Dubai-based Emirates NBD (EMIRATES.DFM) has appointed a new chief executive for its Emirates NBD Capital unit in Saudi Arabia as part of a wider management reshuffle at the ...
This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. The strategic equity investment was made by Emirates NBD’s ...
Dubai: The chief executive officer of Emirates NBD, Rick Pudner, will step down from his position at Dubai’s largest bank at the end of this year, the bank said on Sunday without divulging any reasons ...
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RBL Bank’s Turnaround Story: Is The Worst Over For The Stock?
RBL’s operating efficiency remains a concern. The cost-to-income ratio, which measures operating expenses against income, stood at 70.7%. Private banks usually target a ratio between 50% and 60%.
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