The collaboration unites BNY Mellon’s global footprint with Emirates NBD’s regional expertise to provide clients, across the UAE and globally, access to world-leading capital markets infrastructure and technology. BNY Mellon and Emirates NBD will work together to increase international investor access to the UAE’s dynamic market through digitization. The UAE is currently experiencing an expansion of capital markets with multiple new listings and significant increase in market liquidity on both Dubai Financial Market and Abu Dhabi Securities Exchange. BNY Mellon works with a wide range of sovereign wealth funds, financial institutions, governments, and other clients throughout the region, offering asset servicing and ancillary services, corporate trust, and treasury services. Emirates NBD Group serves customers, businesses, governments, and institutions with a range of financial products and services including retail banking, corporate and institutional banking, Islamic banking, investment banking, private banking, asset management, global markets and treasury, and brokerage operations.
BNY Mellon is a global investments company dedicated to helping its clients manage and service their financial assets throughout the investment lifecycle. Whether providing financial services for institutions, corporations, or individual investors, BNY Mellon delivers informed investment and wealth management and investment services in 35 countries. As of March 31, 2022, BNY Mellon had $45.5 trillion in assets under custody and/or administration, and $2.3 trillion in assets under management. BNY Mellon can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments. BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation. Emirates NBD is a leading banking group in the MENAT (Middle East, North Africa, and Turkey) region with a presence in 13 countries, serving over 14 million customers. As of 31st March 2022, total assets were AED 694 billion, (equivalent to approx. USD 189 billion). The Group has operations in the UAE, Egypt, India, Turkey, the Kingdom of Saudi Arabia, Singapore, the United Kingdom, Austria, Germany, Russia and Bahrain and representative offices in China and Indonesia.