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Emirates NBD launches digital wealth platform enabling trading of local and global securities through mobile app

Emirates NBD, a leading banking group in the MENAT (Middle East, North Africa and Turkey) region, has launched a digital wealth platform that allows clients to trade securities and ETFs on global and local exchanges such as Nasdaq, NYSE and London Stock Exchange. markets such as the Dubai Financial Market, the Abu Dhabi Stock Exchange and the Nasdaq Dubai. In total, there are more than 11,000 global stocks and 150 regional stocks available for trading on the platform.

The platform is integrated into the bank’s recently launched mobile application. ENBDX, allowing customers to conveniently invest and trade complex financial instruments from the same application that also meets all their daily banking needs.

As part of Emirates NBDDuring the ongoing 60th anniversary celebrations, the bank has launched an exclusive three-month digital wealth campaign for ENBD November and December 2023; All applicable charges will be refunded within seven business days of the end of each calendar month and escrow fees will be waived for the duration. of the offer.

The new wealth platform offers an instant onboarding process for both existing investment account holders and new investors, which involves three easy steps. New investors receive their account details via SMS and email immediately and can start trading securities and ETFs immediately after adding funds to their account via the platform’s Express Top-Up feature.

The platform also offers a unique Secure Sign feature, where clients with high trading volume can update and sign investment documents to complete any trade regardless of its complexity or value. The tool facilitates digital interactions between relationship managers and investors, eliminating the need to visit the branch.

In addition to the above, clients can also use the platform to review market updates related to their portfolios and view the day’s market movements. It also offers investment tools with historical and intraday charts that include technical analysis, along with access to independent analyst ratings and fundamental market consensus data.

Additionally, for investors looking to explore investment opportunities based on countries, sectors, analyst consensus, dividend yield and other indicators, the platform provides access to a stock and ETF screener. Clients can also create multiple watchlists to follow stocks and ETFs and keep track of their favorite securities.

Marwan Hadi, Group Head, Retail Banking and Wealth Management, Emirates NBDsaying:

“The launch reflects the bank’s mobile-first strategy, with nearly 95% of the bank’s digital banking customers availing the services through the mobile banking app. With the launch of the digital wealth offering, we have elevated ENBD X as a comprehensive platform for everyday banking and wealth management needs.”

Pedro Sousa Cardoso, Chief Digital Officer, Retail Banking and Wealth Management, Emirates NBDsaying,

“Our goal has always been to offer customers a benchmark experience with the widest range of digital banking services on the go, making their daily banking experience as seamless and convenient as possible. We have now taken this to the next level by allowing customers to manage their wealth and make investments directly and securely through the ENBD single platform.”

Recently, Emirates NBD It also completed the launch of ENBDX, an enhanced mobile banking app designed according to the latest global design and user experience standards. Built with the latest and most cutting-edge cloud technologies, the app offers an unparalleled combination of ultra-fast performance, easy-to-use tours, high-level security, and the largest range of products and services on the market.

News source: Dubai Press Office

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