DenizBank has a sustainable shareholder structure which aims to grow and will continue diversifying the products that provide better service to its customers.
DenizBank Shareholder Structure
With a total capital of 3,316,100,000 TL, Denizbank's shares are divided into three. 99.96% of DenizBank shares belong to Emirates NBD Bank PJSC. 0.04% of the shares make up the publicly traded portion. The capital of Emirates NBD Bank PJSC is 3,314,673,786 TL while the publicly traded capital is 1,426,057 TL. The other capital amounts to 157 TL.
DenizBank and Emirates NBD Bank PJSC
DenizBank ended its partnership with Sberbank by changing shareholders in 2019. 96.96% of the shares were taken over by Emirates NBD. The fact that DenizBank provides financing and fund-raising support for the development and growth of various institutions and organizations was played an important role in this change of shareholders. At a time when only a few banks can demonstrate their regional presence, the cooperation of Emirates NBD and DenizBank aims to reverse this situation. Placing great importance on technology and innovation, DenizBank cooperates with Emirates NBD in achieving long-term goals.
About Emirates NBD
Emirates NBD was formed in 2007 with the merger of Emirates Bank International (EBI) and National Bank of Dubai (NBD), the second and fourth-largest banks in the United Arab Emirates. The bank's shares were listed on the Dubai Financial Market (DFM) on October 16, 2007. The merger of these big banks would be one of the most important developments in the banking and financial sector in a regional sense.
As of September 30, 2019, Emirates NBD's total assets are 657,4 billion AED (184 billion USD). With the takeover of DenizBank, Emirates NBD's presence extends to 13 countries. In this sense, it provides service to a total of 14 million customers. The bank ranked among the top 20 on Forbes' list of World's Best Regarded Companies.
Emirates NBD currently has 980 branches and 3964 ATMs in Turkey, as well as in the United Arab Emirates, Saudi Arabia, Austria, Germany, Russia, Bahrain, Egypt, Singapore, India, and the United Kingdom. It also has representative offices in Indonesia and China. The bank employs more than 9 thousand people from 70 nationalities in its fields of activity in all these countries.
Emirates NBD, which also uses social media effectively, ranks among the top 20 in “Power 100 Social Media Rankings” by the Financial Brand in 2019. It is also the only bank in the Middle East to be included in this list.
Emirates NBD Group has a significant retail banking network in the United Arab Emirates. About 94% of financial transactions carried out only outside its branches are key in the global digital banking sector. The bank was named “Middle East's Best Digital Bank” at Euromoney Awards for Excellence 2019, proving to be the leader in digital banking among its counterparts in the region.
The Group also participates in social responsibility projects of the United Arab Emirates in line with its own policies. As a supporter of social responsibility, Emirates NBD works to include people with disabilities in financial literacy within the framework of the “Together Limitless” platform. It continues its efforts at the United Nations IMPACT2030 with corporate social responsibility and employee volunteering. It is also the official banking partner for EXPO 2020 Dubai.
Emirates NBD Group companies are as follows:
- Emirates NBD Bank PJSC
- Emirates Islamic Bank PJSC
- Emirates NBD Asset Management
- Emirates NBD Securities
- Diners Club UAE
- Network International LLC (49% sold to AbrCapital in 2010.)
- ETFS LLC
- Emirates Money Consumer Finance LLC
- Emirates NBD Properties LLC
- Emirates NBD Capital Ltd (DIFC)
- Emirates NBD Trust Company Ltd (Jersey)
- Emirates NBD Capital LLC (KSA)
- Union Properties PJSC
- National General Insurance Co. (PSC)