BNY Mellon Seems Promise in UAE, Partners with Emirates NBD
Posted on 07/05/2022
The Bank of New York Mellon (BNY Mellon) and Emirates NBD announced a strategic alliance aimed at accelerating the growth of United Arab Emirates’ (UAE) capital markets. The collaboration unites BNY Mellon’s global footprint with Emirates NBD’s regional expertise to provide clients, across the UAE and globally, access to capital markets infrastructure and technology.
BNY Mellon and Emirates NBD will work together to increase international investor access to the UAE’s 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.
