The ITFA Board is pleased to announce the following four new members.
United Bank Limited (UBL) is the second largest private bank in Pakistan, registered in 1959. Currently it has more than 1,300 domestic branches and an international footprint in 11 countries including - UAE, Bahrain, Qatar, Yemen, Oman, UK, USA, Switzerland, China and Tanzania.
UBL is proud of its long history
in the Middle East. In the UAE, they were privileged to be the second
international bank to open its branch in Abu Dhabi in July 1967. At
present “Bestways Group” of United Kingdom is the major stake holder (51.60%)
of the Bank. The group is mainly involved in the largest cash & carries
business in UK, together with other activity.
UBL is the leading market
participant in the Corporate, Retail, Investment, Treasury & Capital
markets and Trade Finance business with consolidated equity of USD1,454.1mln,
assets of USD13.500mln. UBL's GDR’s are listed on the London Stock Exchange
and shares are listed on Karachi, Islamabad & Lahore stock exchanges.
Muhammad Omer will be the main delegate for all ITFA related
matters.
Emirates Islamic Bank PJSC was incorporated in 1975 and is headquartered in Dubai, the United Arab Emirates. Emirates Islamic Bank PJSC is a subsidiary of Emirates NBD PJSC. The total assets as of June 2015 reached USD 13 billion, which also makes it ranked as the third largest Islamic bank in the country.
Emirates Islamic Bank PJSC was incorporated in 1975 and is headquartered in Dubai, the United Arab Emirates. Emirates Islamic Bank PJSC is a subsidiary of Emirates NBD PJSC. The total assets as of June 2015 reached USD 13 billion, which also makes it ranked as the third largest Islamic bank in the country.
Emirates Islamic (EI) was formed
as a full-fledged Islamic bank to provide the highest standards of Islamic
banking services for individuals and small businesses as well as large
corporations through 60 other branches.
EI focuses on corporate finance,
capital market, commercial banking, and private banking services in and out of
the Middle East. EI combines banking expertise and insights of Middle East with
strong Islamic banking credentials to tap into opportunities in the world.
Ahmed El Sahhar will be the main delegate for all ITFA
related matters.
Natixis is the corporate, investment, insurance and financial services arm of Groupe BPCE, the second largest banking group in France (with two retail banking networks namely Banque Populaire and Caisse d’Epargne).
At Natixis, the long-term best interests of clients come first. Based on a strategic dialog and a 360 vision of their needs, challenges, risks and interests, they build a long-term trusting relationship with clients. All resources, talents and energy are geared to providing the best client support. They harness all their expertise and combine them to design the best banking, financial and insurance solutions.
Natixis has three main business lines: Corporate & Investment Banking, Investment Solutions & Insurance, and Specialised Financial Services. Listed on the Paris stock exchange, it has a CET1 capital under Basel 3 (1) of Eur1.4 billion, a Basel 3 CET1 Ratio (1) of 10.6% and quality long-term ratings (Standard & Poor’s: A/Moody’s: A2/Fitch Ratings:A).
Lakhdar Hamadi is the main delegate for ITFA matters.
Commercial Bank of Kuwait (CBK) is one of the largest financial institutions in Kuwait with a strong and growing corporate and retail banking franchise providing innovative financial and investment solutions to every growing customer base.
Established on 19th June 1960, CBK is the second oldest bank in Kuwait. From retail banking to major project finance, CBK is mobilising its substantial capital base and decades of expertise to assume a cutting edge role in the Kuwait economy.
The Bank has emerged as a lead financier, ranging from a flow of loans to diverse power, construction and notable infrastructure projects in Kuwait.
Mr. Tan Tat Thong will be the main delegate for all ITFA related matters.
Natixis is the corporate, investment, insurance and financial services arm of Groupe BPCE, the second largest banking group in France (with two retail banking networks namely Banque Populaire and Caisse d’Epargne).
At Natixis, the long-term best interests of clients come first. Based on a strategic dialog and a 360 vision of their needs, challenges, risks and interests, they build a long-term trusting relationship with clients. All resources, talents and energy are geared to providing the best client support. They harness all their expertise and combine them to design the best banking, financial and insurance solutions.
Natixis has three main business lines: Corporate & Investment Banking, Investment Solutions & Insurance, and Specialised Financial Services. Listed on the Paris stock exchange, it has a CET1 capital under Basel 3 (1) of Eur1.4 billion, a Basel 3 CET1 Ratio (1) of 10.6% and quality long-term ratings (Standard & Poor’s: A/Moody’s: A2/Fitch Ratings:A).
Lakhdar Hamadi is the main delegate for ITFA matters.
Commercial Bank of Kuwait (CBK) is one of the largest financial institutions in Kuwait with a strong and growing corporate and retail banking franchise providing innovative financial and investment solutions to every growing customer base.
Established on 19th June 1960, CBK is the second oldest bank in Kuwait. From retail banking to major project finance, CBK is mobilising its substantial capital base and decades of expertise to assume a cutting edge role in the Kuwait economy.
The Bank has emerged as a lead financier, ranging from a flow of loans to diverse power, construction and notable infrastructure projects in Kuwait.
Mr. Tan Tat Thong will be the main delegate for all ITFA related matters.
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