The economy of Dubai is a service-based economy. Private banks play a big role in uplifting the economy of Dubai. There are many old and new private banks in the country. Some of these banks have their origin in Dubai and other regions in the UAE. Others are from different parts of the world. In this article, we have covered some of the best private banks in Dubai in a list format. This list is in no particular order. Therefore, this should not be considered as a ranking list.
1. Emirates NBD
Emirates NBD is one of the best private banks in the region. some of the core services of this bank are investment advisory services, investment execution services, real estate advisory, trust and wealth structuring and more.
2. FIMBank P.L.C
FIMBank is a global provider of trade and finance solutions. It has its presence in many countries of the world. It is one of the most prominent banks in the UAE.
3. Doha Bank
Doha Bank is one of the largest banks in Qatar. It has branches in different parts of the world including the UAE. It offers a lot of services besides basic financial services.
4. DBS Bank
DBS Bank is a Singaporean Multinational bank. It has its headquarters in Marina Bay Financial Centre Tower 3, Marina Bay, Singapore. With branches all over Southeast Asia, it is one of the leading private banks in Asia and it is slowly making a strong hold in Dubai too.
5. United Arab Bank
United Arab Bank is one of the leading financial solution providers in the UAE. It is ideal for those looking for a financial solution is both retail and corporate sectors. There are currently 20 branches of United Arab Bank in the UAE and this number could go up very soon.
6. Abu Dhabi Commercial Bank
Abu Dhabi Commercial Bank is the third-largest bank in the UAE. This bank provides a varied range of services that include private banking services in various areas including services for individuals and large corporations. It also offers investment and fund management services.
Dubai Islamic Bank (DIB) is one of the oldest banking institutions in the UAE. It came into formation in the year 1975. It has been known for being the first Islamic bank to offer holistic banking services in the Islamic Banking system. Over the years, it has grown to become one of the most trusted banks that offer regular and private banking services in the country.
The United Arab Emirates is acknowledged to be the world’s best provider of banking services. The private banks from the UAE are amongst the best banking institutions in the world today. With the private banking system in Dubai, customers get access to a wide range of financial services and offers. When you become a client to one of these banking institutions, you will enjoy the highest level of financial security and growth.