back Back

Emirates NBD rolls out digital wealth offering for customers

By Delisha Fernandes

October 06, 2023

  • Abu Dhabi Securities Exchange
  • account holders
  • digital wealth offering

Emirates NBD, digital wealth offering, Nasdaq, NYSE, London Stock Exchange, Dubai Financial Market, Abu Dhabi Securities Exchange, Nasdaq Dubai, account holders, SMS, e-mail, mobile banking App, FinTech news, FinTech UAEEmirates NBD, a banking group in the MENAT region, has launched a digital wealth platform that allows customers to trade securities and ETFs on both global exchanges such as, Nasdaq, NYSE, and London Stock Exchange and local markets such as, Dubai Financial Market, Abu Dhabi Securities Exchange, and Nasdaq Dubai.

The platform is embedded within the bank’s newly launched mobile App ENBD X, allowing customers to conveniently invest and trade in complex financial instruments from the same app that also fulfils all their everyday banking needs.

Marwan Hadi, Group Head, Retail Banking and Wealth Management at Emirates NBD, said, “The launch reflects the bank’s mobile-first strategy with nearly 95% of the bank’s digital banking customers availing services through the mobile banking App. With the launch of the digital wealth offering, we have elevated ENBD X as a one-stop platform for both everyday banking and wealth management needs.”

The wealth platform also offers a unique Secure Sign facility, where customers with high trading volume can update and sign investment documents to complete any trade irrespective of its complexity or value. The tool facilitates digital interactions between relationship managers and investors, eliminating the need to visit the branch.

Pedro Sousa Cardoso, Chief Digital Officer, Retail Banking and Wealth Management, Emirates NBD, said, “Our goal has always been to offer customers a benchmark experience with the widest range of on-the-go digital banking services, making their everyday banking experience as smooth and convenient as possible. Now we have taken this to the next level, by empowering customers to manage their wealth and make investments directly and securely through the ENBD X App, thus giving Emirates NBD customers full control of their finances and their wealth in one single platform.”

In addition, customers can also use the platform to review market updates related to their portfolios and see market movers of the day. It also offers investment tools with historical and intraday charts including technical analysis, along with access to independent analyst ratings and fundamental data on market consensus. Recently, Emirates NBD also completed the roll-out of ENBD X, an enhanced mobile banking App designed according to the latest global design and user experience standards.

Previous Article

October 06, 2023

Network International & eCards team to boost smart banking card services

Read More
Next Article

October 06, 2023

NatWest unveils transaction categorisation service for businesses

Read More

IBSi Daily News Analysis

Data privacy

July 16, 2024

Abu Dhabi Securities Exchange

Rise in sophisticated attacks, state-level threats, and increased ransom DDoS Incidents

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

July 17, 2024

Webull UK launches Webull Savings

Read More

July 17, 2024

Westpac launches mobile credit cards for corporate clients

Read More

July 17, 2024

9Spokes unveils ‘Automated Cashflow Tool’ for financial organizations

Read More

Related Reports

Sales League Table Report 2024
Know More
Global Digital Banking Vendor & Landscape Report Q2 2024
Know More
NextGen WealthTech: The Trends To Shape The Future Q4 2023
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q1 2024
Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
Get your copy now! IBSi Sales League Table 2024