Bank / Credit Union

Emirates NBD Group partners with BNY Mellon to boost UAE's capital markets

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July 15, 2022

BNY Mellon, a global financial institution, has partnered with Emirates NBD, a banking group in the Middle East, North Africa and Turkey region, to boost the growth of the United Arab Emirates' capital markets. Through the partnership, the companies will provide clients access to capital markets infrastructure and technology, according to a press release.

"Emirates NBD's regional excellence together with our global expertise will transform our collective client experience," Akash Shah, chief growth officer, BNY Mellon, said in the release. "It comes at an opportune moment, with a number of local champions coming to market through the UAE's IPO boom. Together, we will help create the infrastructure to capture long-term value from the UAE's financial ecosystem, increase operational efficiencies and investor access."