The Dubai-based Emirates NBD, a leading banking group in the Middle East, North Africa and Turkey (MENAT) region, has announced the opening of two new full-service branches in India, in Gurugram and Chennai.
ENBD’s net profits jumped 25% to AED9.1 billion ($2.47 billion) in the first nine months of 2022, close to the level reported for the whole of 2021, while Q3 net profit was exceptionally strong at AED3.8 billion, up 51% year-on-year (y-o-y).