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DenizBank

DenizBank’s Neohub and Oxentia launch Truk accelerator

Neohub, the new generation subsidiary of DenizBank, a fully owned subsidiary of Emirates NBD Group, has partnered with Oxford’s global innovation consultancy, Oxentia, to set up the Truk Accelerator. This is an international initiative d

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DenizBank’s Neohub and Oxentia launch Truk accelerator

Neohub, the new generation subsidiary of DenizBank, a fully owned subsidiary of Emirates NBD Group, has partnered with Oxford’s global innovation consultancy, Oxentia, to set up the Truk Accelerator. This is an international initiative d

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Emirates NBD Q3 net profit soars 29% to $1.98bn

Emirates NBD (ENBD) has reported a net profit of AED7.3 billion ($1.98 billion) for the third quarter (Q3) of the year, marking a yea-on-year increase of 29% and demonstrating financial resilience and the success of its diversified business mode

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Emirates NBD posts $1.9bn net profit in 2020

Emirates NBD (ENBD) a leading banking group in the region, delivered a net profit of AED7 billion ($1.9 billion) in 2020 despite a challenging operating environment, marking a 52% y-o-y decline on higher provisions and gain from sale of Network

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Emirates NBD 9-month income up 18% at $4.98bn

Emirates NBD (ENBD), a leading banking group in the region, has posted a total income of AED18.3 billion ($4.98 billion) for the first nine months of 2020, marking an increase of 18% compared with AED15.54 billion during the same period in 2019.

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Emirates NBD H1 net profit down 45pc to $1.1bn

Emirates NBD, a leading banking group in the region, delivered a net profit of AED4.1 billion ($1.1billion) for the first half (H1) of 2020, marking a 45% y-o-y decline due to higher impairment charges and the gain on disposal of a stake in Netw

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Emirates NBD 2019 net profit surges 44pc to $3.94bn

Emirates NBD (ENBD), a leading bank in the region, has posted a net profit of Dh14.5 billion ($3.94 billion) for 2019, as against a net profit of Dh10.04 billion in the previous year, reflecting an increase of 44 per cent. Net int

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ENBD completes 99.85pc stake buy in DenizBank

Emirates NBD (ENBD), a leading bank in the UAE and Sberbank of Russia said that the proposal to acquire 99.85 per cent of the shares in DenizBank, a major private bank in Turkey, by ENBD from Sberbank has now been completed. Herma

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ENBD, Sberbank revise Denizbank price to $2.7bn

Emirates NBD (ENBD) and Sberbank of Russia have signed a restated sale and purchase agreement (SPA), under which, the total consideration for 99.85 per cent of the shares in Denizbank has been agreed at 15.48 billion lira ($2.7 billion).

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Emirates NBD to buy majority stake in Turkey bank

UAE-based Emirates NBD, a leading bank in the region, and Sberbank of Russia have entered into an agreement whereby Sberbank will sell its entire 99.85 per cent stake in Turkey-based private bank Denizbank to Emirates NBD. Upon cl

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