Emirates Post issues stamps to mark 30 years of Emirates Bank

Emirates Post has issued a set of commemorative stamps to celebrate 30 years of Emirates Bank, one of the UAE's leading banks. The stamps, issued in four denominations (Dh 1, Dh1.50, Dh3 and Dh3.50), are available at all post offices in the UAE. In addition, First Day Covers of Dh 10 and souvenir sheets of Dh 15 are available at the philatelic counters in Karama, Deira and Abu Dhabi post offices.
Abdulla Al Daboos, Director General of Emirates Post, said, "Emirates Bank has made a strong mark on the region's banking sector. In just 30 years, it has emerged as one of the major banking corporations with diversified products, making an effective contribution to the nation's growth. Emirates Post is pleased to salute Emirates Bank through these special stamps." Emirates Bank was established 30 years ago through a decree issued by Sheikh Rashid Bin Saeed Al Maktoum under the name Union Bank of the Middle East, which was later renamed Emirates Bank International, following its merger with Dubai Bank Ltd and Emirates National Bank Ltd. Sulaiman Al Mazroui, Chief Manager Group Affairs, Emirates Bank, said, "We highly appreciate that Emirates Post has issued commemorative stamps to mark Emirates Bank 30th anniversary celebrations. We are proud that we have been successful over these years and have grown from a small local bank into one of the largest and most profitable financial institutions in the region".
Today, Emirates Bank's range of products and services encompasses conventional and Islamic commercial banking, investment services, property development, insurance, credit card and brokerage services. The bank's network covers regional and international markets, including Riyadh, London, Tehran, Mumbai and Singapore. The bank has also established strategic alliances by acquiring a stake in Bank of Beirut and Al Baraka Banking Group.
Emirates Bank has also been active in launching major business initiatives to boost the national economy and has taken part in the financing of the nation's major projects. It also launched the Al Tomooh Scheme for financing young entrepreneurs, as well as supported different educational, philanthropic, sporting and cultural activities. (Emirates News Agency, WAM)