Emirates NBD PJSC, the United Arab Emirates’ biggest bank, expects to hire 200 to 300 people at the consumer-banking division next year as it expands the business, the deputy chief executive officer said.
“We are adding more sales people, we have expanded private banking and I have expanded the team and am going to expand that further,” Jamal Bin Ghalaita, who also heads the consumer- banking division, told reporters at a news conference in Dubai today. “I am expanding my priority banking and we are adding more people.” The retail-banking unit employs almost 4,000 people now, Bin Ghalaita said.
Banks in Dubai, the Gulf Arab financial-services hub, have shed thousands of jobs as the economy slowed after the global credit crisis. Mashreqbank PSC, the U.A.E. lender controlled by the Al Ghurair family, said on Nov. 24 it cut 50 jobs as part of a reorganization of its small and medium-sized loans business.
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