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Historical Timeline
About EB - KSA

Year

Activity

Growth Of Assets
(Billion DHs)

1977

- Inception of Union Bank of the Middle east Ltd

1,3

1985

- Ownership of Union Emirates Bank Ltd and Dubai Bank Ltd

5,7

1987

- Inception of union properties as a fully owned subsidiary 

5,4

1988

- Owner shup of Emirates "Diner Club" a Fully Owned Subsidiary
- Changing the banks names to Emirates Bank International

5,8

1991

- Acquisition of Majority of Shares in Middle east bank

11,1

1993

- Flotation of Union Properties the new name is UP

11,9

1994

- Inception of net work International

12,6

1995

- Acquisition of Majority of shares in national general insurance
- The first bank in UAE to serve it's customers online

15,5

1996

- Launch of Online Banking Service (BankNet) as the 1st e-banking in   the ME

15,8

1997

- Celebrating the 20th Anniversary of Emirates Bank

17,2

1998

- Inception of Emirates Financial Services

19,7

2001

- Launch of me-bank as innovative personalized banking for    individuals.
- Inception of Global Training Center

23,5

2002

- Selling off Emirates / Pakistan Operations
- Launch of ECTS
- Launch of BUZZ Contact Solutions Center

27,2

2004

- The 1st UAE Bank to obtain a license to operate in KSA
- Launch of AL Shaheen Services for privileged banking
- Converting Middle east bank to Emirates Islamic Bank

31,9

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