Emirates Development Bank

NEWS DESK

Emirates Development Bank named ‘MENA SME Bank of the Year’

News Desk 2 15/05/2023

Emirates Development Bank (“EDB” or “the Bank”), the key financial engine of UAE economic development and industrial advancement, has been named the ‘MENA SME Bank of the Year’ at the MEED Banking Excellence Awards. Since the launch of EDB’s five-year strategy in

NEWS DESK

Emirates Development Bank joins IRENA’s Alliance for Industry Decarbonization

News Desk 2 11/05/2023

Abu Dhabi, United Arab Emirates, 11 May 2023: Emirates Development Bank (“EDB” or “the Bank”), the key financial engine of UAE economic development and industrial advancement, has joined the Alliance for Industry Decarbonization (AFID), which aims to decarbonize industrial value chains and accelerate net-zero ambitions in accordance with the tenets

Business

Emirates Development Bank reveals commitment to financing UAE renewables sector

News Desk 2 10/05/2023

Abu Dhabi, United Arab Emirates, 10 May 2023: Emirates Development Bank (“EDB” or “the Bank”), a key financial engine of the UAE’s economic development and industrial advancement, underlined its commitment to the UAE’s sustainable development agenda and to support the UAE’s Strategic Net Zero by 2050 Initiative after adding ‘Renewables’ to its

NEWS DESK

Emirates Development Bank to Participate at 12th Annual Investment Meeting

News Desk 2 04/05/2023

Abu Dhabi, United Arab Emirates, 4 May 2023: Emirates Development Bank (EDB) is set to participate in the 12th Annual Investment Meeting (AIM Global 2023) from 8-10 May 2023 at the Abu Dhabi National Exhibition Centre (ADNEC) in Abu Dhabi. As a key financial engine for the economic development and industrial advancement of the nation,  […]

Business

Emirates Development Bank and Emirates Islamic to collaborate on credit guarantee scheme supporting SMEs in the UAE

News Desk 2 19/04/2023

Dubai, United Arab Emirates, 19 April, 2023: Emirates Development Bank (EDB), a key financial engine for the economic development and industrial advancement of the nation, and Emirates Islamic, one of the leading Islamic financial institutions in the UAE have announced the signing of a Memorandum of Understanding (MoU) to collaborate on a joint credit guarantee […]

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Fitch Affirms Emirates Development Bank at ‘AA-‘; Outlook Stable

News Desk 2 17/04/2023

Abu Dhabi, United Arab Emirates, 17 April 2023: Fitch Ratings, one of the top three global credit rating agencies, has affirmed its ‘AA-‘ Long-Term Issuer Rating (IDR) for Emirates Development Bank (‘EDB’ or ‘the Bank’) with a stable outlook. The agency maintained EDB at ‘AA-’, its fourth highest investment grade rating, which reflects

Business

Emirates Development Bank partners with UAE Ministry of Economy

News Desk 2 13/04/2023

Abu Dhabi, United Arab Emirates, 13 April 2023: Emirates Development Bank (EDB), a key financial engine for the economic development and industrial advancement in the United Arab Emirates (UAE), has partnered with the UAE Ministry of Economy’s Entrepreneurial Nation to support the Smart Farming Global Innovation Challenge, in line with the Bank’s commitment to the […]

NEWS DESK

Emirates Development Bank awarded ‘Best Customer Experience Digital Platform’

News Desk 2 20/03/2023

Abu Dhabi, UAE: 20 March 2023 – Emirates Development Bank, a key financial engine for the economic development and industrial advancement of the UAE is pleased to have received the ‘Best Customer Experience Digital Platform’ award in recognition of its digital ‘Business Banking’ app at the Middle East Banking AI & Analytics Summit. As part […]