BUSINESS BANKING BECAUSE EVERY BUSINESS IS UNIQUE

Size: px

Start display at page:

Download "BUSINESS BANKING BECAUSE EVERY BUSINESS IS UNIQUE"

Theresa Kelley
5 years ago
Views:

1 BUSINESS BANKING BECAUSE EVERY BUSINESS IS UNIQUE

2 Agenda SME Business Business Banking Value Proposition Business Banking Distribution Network

Small & Medium Enterprises Sector Overview The UAE has about 200-300K SME businesses, who contribute about AED 5-6 billion annual banking revenue.

The competitor landscape is immature, with few players offering value propositions tailored specifically to the SME market.

3 Small & Medium Enterprises Sector Overview The UAE has about K SME businesses, who contribute about AED 5-6 billion annual banking revenue. About 65% of SMEs are micro companies with fewer than 5 employees. Four industry sectors, i.e. trade, construction, manufacturing and real estate dominate the UAE SME market, with trade being the largest. The competitor landscape is immature, with few players offering value propositions tailored specifically to the SME market. Emirates NBD currently has 24% market share by number of SMEs and 10-13% share by revenues, which are primarily driven by deposits. 3

4 Agenda SME Business Business Banking Value Proposition Business Banking Distribution Network

5 Business Banking Value Proposition.... Dedicated Relationship Managers Focused solutions for day-to-day banking Preferential pricing Business accounts - the essentials of day-to-day banking Cash Management services - the engine of successful business Working Capital facilities - the foundations on which your business will grow Trade Finance Solutions - a complete suite of specialist business services Investment services - built on trust, backed by professional expertise Treasury services - best in class solutions to aid your business needs Tap into cash management solutions tailored to meet your business needs, including: Cheque / cash / document pick-up services Remittances Negotiable instruments Multi-currency transactions Employee payroll through WPS (Wages Protection System) to ensure all worker salaries are paid through regulated channels.* * for eligible employees only. Rest 5

6 Business Banking Value Proposition.... Trade finance services : Issuance of Letter of credit Local and foreign bills purchasing and discounting Loans against trust receipts Issuance of various types of Guarantees Factoring Cheque discounting Advisory services To help you meet the various credit needs of your business you can take advantage of the following: Business Loans Overdrafts Funded & Non Funded Facilities Auto Loans for business Emirates NBD Business Credit card Investment Service Emirates NBD Asset Management provides you with a full range of services, including regional equity, real estate and fixed income products as well as access to the best global fund managers - on both conventional and Shari a-compliant basis. Diligent research, allowing the timely acquisition of undervalued assets, is a key element of our asset management expertise. This proven eye for opportunity consistently enables us to deliver superior investment returns for you. Segregated portfolio management freedom to select the investment Rest vehicle or structure that will meet your goals Fund management - broad range of asset classes and risk profiles, from traditional cash management, equity & fixed income to real estate & other alternative sectors Global access - access to a truly global market through our alliances with the world s leading investment houses 6

7 Business Banking Value Proposition.... Treasury Service: Every business is exposed to complex financial challenges such as liquidity and cash flow management, as well as interest rate, foreign exchange and commodity price exposures in today s complicated world. We provide you with innovative tailor-made financing and risk management solutions on foreign exchange requirements as you continue to expand in international markets. Spot Contract Forward Contract Currency Swaps Interest Rate swaps Forward Rate Agreement (FRA) Currency options Structured Deposits and Notes Dual Currency Deposits (DCI) & many more Insurance Our Business Banking Insurance Packages are a unique offering that cater to two distinct needs Life and Non- Life. Life Insurance package Comprehensive medical insurance with affordable premiums Repatriation coverage, incase of death Coverage extends across UAE extendable to the region for inpatient treatment Optional riders for Accidental Death and Disability Non-Life Insurance package Property All risks Rest Business Interruptions Machinery Breakdown Refrigerated Stock Electronic Equipment Public Liability Workmen s compensation Fidelity Insurance Travel ( Baggage) Insurance Goods in Transit (Land only) Group Personal Accident 7

8 Agenda SME Business Business Banking Value Proposition Business Banking Distribution Network

9 Business Banking from Emirates NBD As a leading bank in the region, Business Banking from Emirates NBD provides its customers the most efficient and comprehensive range of business banking services, giving them the reach, advice, technology and trade solutions to help their business grow. Distribution Network Segment Business Banking Emirate Abu Dhabi Dubai Sharjah Business Banking Abu Dhabi Al Ittihad Satwa Sondos Al Quoz SUK Asset Team Sharjah ADB Main Branch HOB Al Barsha Jebel Ali Gold Branch SAIF Electra Street DER Jumeirah RAK Free Zone Business Banking Desks Khalifa Street MUSSAFAH Al Ras Emirates Towers Green Community Al Taun Ajman Al Muroor Br Najdh Br

10 Thank you

RAK INVESTMENT AUTHORITY YOUR BUSINESS DESTINATION

RAK INVESTMENT AUTHORITY YOUR BUSINESS DESTINATION 1 RAS AL KHAIMAH Ras Al Khaimah (RAK), one of the seven emirates of the United Arab Emirates (UAE), has become one of the most sought-after locations