Sunday 29 November 2015

Emirates NBD to maintain retail, wealth management momentum | GulfNews.com

Emirates NBD to maintain retail, wealth management momentum | GulfNews.com:

"Emirates NBD expects to sustain double-digit growth in its retail and wealth management business for the full year, Suvo Sarkar, senior executive vice-president & group head of Retail Banking and Wealth Management, told Gulf News in an interview.

The bank reported a 10 per cent growth in retail loans and 15 per cent growth in fee incomes in the first nine months of the year.

“We expect to continue double-digit growth in all our loan products — personal loans, auto loans and mortgage loans,” Sarkar said. “We are also reaping the benefits of digitisation and innovation. Nearly 10 per cent of our new loans are now booked via online and mobile banking.”"



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