Emirates Bank International PJSC opened its Asia Pacific Regional Representative Office in Singapore on 1st November 2006.
Upon the merger of Emirates Bank International (EBI) and National Bank of Dubai (NBD), Emirates NBD upgraded the EBI rep office to a branch of Emirates NBD PJSC with a wholesale banking licence. The branch commenced operations on 20th July 2010 and comes under the supervision of the Monetary Authority of Singapore.
Singapore was chosen as the location for the establishment of the first branch of Emirates NBD in Asia due to the country's status as the leading international financial center serving the Asia Pacific region. Singapore is the only Asian country rated AAA by Standard & Poor's and is well-known for its high level of corporate governance, prudent financial supervision, strong skills sets and excellent international communication infrastructure. It is also one of the world's leading private banking centers.
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