Emirates NBD has launched a new initiative that allows customers to invest in UAE equity markets without transaction fees. This move is aimed at promoting the growth of domestic stocks and supporting economic development in the country. Through the bank’s mobile banking app, ENBD X, customers can access more than 150 regional equities for trading, at no extra cost.
The new initiative by Emirates NBD aligns with the UAE’s vision for 2031, which aims to position the country as a global economic hub. By offering customers the opportunity to invest in local equities, the bank is reinforcing its commitment to supporting the UAE’s economy and economic agenda. Collaborating with the government, regulators, and private sector, Emirates NBD aims to strengthen the nation’s status as a key global investment destination.
Marwan Hadi, Group Head of Retail Banking and Wealth Management at Emirates NBD, emphasized the importance of investing in domestic stocks to contribute to the success of local businesses and support the growth of the national economy. The bank’s digital wealth platform enables customers to trade securities from both global and local exchanges, with a wide range of equities available for investment.
Since its launch, Emirates NBD’s wealth platform on its mobile app ENBD X has been continuously enhanced. Earlier this year, the bank introduced fractional bonds on the platform, marking a significant milestone in increasing access to financial markets for its customers. In addition to trading complex financial instruments, the platform also offers a Secure Sign facility for customers with high trading volume to update and sign investment documents securely.
As customers explore and trade local equities through Emirates NBD’s initiative, they not only gain access to the UAE equity markets but also have the opportunity to diversify their investment portfolios at no additional cost. This initiative reflects the bank’s ongoing efforts to contribute to the long-term economic growth and development of the region, in line with its commitments and goals. The digital wealth platform provides a convenient and efficient way for customers to manage their investments and banking needs in one place.
Emirates NBD’s commitment to supporting the UAE’s economy and promoting domestic businesses is evident through its latest initiative. By offering customers the opportunity to invest in regional equities without incurring transaction fees, the bank is encouraging participation in the local stock market and fostering economic growth. As the bank continues to enhance its wealth platform and introduce new features to facilitate investment, customers can benefit from a seamless and secure trading experience through their mobile banking app.
