Emirates NBD reports 34% increase in SME lending

Emirates NBD has reported a 34% increase in lending facilities towards SMEs compared to the previous year.

The bank has also opened more than 7000 new business accounts for large and small businesses with account packages including a host of features and benefits for business owners and their entities.

Emirates NBD’s one of a kind offering to UAE SMEs integrates a premium service model, enabling all clients complimentary access to its best-in-class digital platforms, supported by advisory services via a growing branch network across major trade corridors in the UAE, KSA and Egypt.

For its contribution to empowering the SME sector, Emirates NBD recently received recognition at the Middle East & Africa Retail Banking Innovation Awards 2023 by The Digital Banker. The bank was named ‘Best SME Bank in the UAE’ and ‘Best SME Bank in the Middle East’, in recognition of its efforts to provide value-added products and innovative digital services to further the growth of SMEs in the UAE and wider region.