There are some best banks in Dubai because these Banks have become an integral part of our day-to-day life.
Especially with the world moving towards digital currency, the role of banks has become even more important.
Further, If one needs to select a perfect bank for oneself- facilities, services, customer behavior, availability, location, etc play a very important role.
And with Dubai growing rapidly, the business competition has increased a lot with abundant service providers. But which is the best for you?
In my opinion Mashreq is the best bank for Individuals and businesses offering security in transparency. What yours? comment.
LIST OF THE TOP BANKS IN DUBAI
1. EMIRATES NBD
Established on 16 October 2007, as a result of the merger between Emirates Bank and National Bank of Dubai, is one of the top 5 banks not just in Dubai but also in UAE.
Additionally, The merger resulted in it being one of the largest groups in the UAE. Additionally, The bank is headquartered in Dubai and has around 14,000 employees.
Moreover, It is one of the best banks in Dubai for business, and also one of the best banks in Dubai for ex-pats.
Apart from this their interest rates are very profitable, offering the best interest rates in Dubai banks and one of the best banks in Dubai for savings.
- SERVICES: Retail Banking and Wealth Management, Wholesale Banking, Islamic Banking (IB), International, and Operations and Information Technology.
- TIMING: 8:00 am to 3:00 pm from Sunday to Thursday, and lastly Closed on Friday and Saturday
- CONTACT: +971 600 54 0000
- ADDRESS: Baniyas Road, Deira, Opposite Dubai Creek Tower, Next to Dubai Chamber Dubai, Dubai, United Arab Emirates
- LOCATION: Click here to view on Map
2. FIRST ABU DHABI BANK
It is the largest bank in the UAE, which was formed after the merger of First Gulf Bank and National Bank of Abu Dhabi (NBAD) in 2016.
Additionally, It is one of the best banks in Dubai. They are known for their exceptional retail banking services, making them one of the best retail banks in Dubai as well as UAE.
They have their branches in different parts of the world. Moreover, The bank provides offers the best credit cards in Dubai.
Although, They are also well known for being one of the best banks in Dubai for ex-pats and the best banks in Dubai for non-residents.
- SERVICES: Corporate and Investment Banking, and lastly Personal Banking
- TIMING: 8:00 am to 2:00 pm from Saturday to Wednesday, 8:00 am to 1 pm on Thursday, and lastly Closed on Friday
- CONTACT: +971 600 525500 | +971 600 566223 |+971 600 544400
- ADDRESS: Bur Dubai Branch | Mall of Emirates Branch, Sheikh Zayed Road| Jumeirah St, Jumeriah Plaza Digital Branch, Dubai, United Arab Emirates
- LOCATION: Click here to view on Map
3. ABU DHABI COMMERCIAL BANK
Abu Dhabi Commercial Bank was founded in 1985 and is headquartered in Abu Dhabi. Additionally, It is among the top 3 banking companies.
Specifically, It also has some notable recognitions making it one of the best retail banks in Dubai, the best investment banks in Dubai and one is the best international bank in Dubai.
Moreover, It was merged with Union National Bank in 2019, which was another one of the best banks in Dubai.
- SERVICES: Retail, Commercial, Islamic Banking, Consumer Banking, Wholesale Banking, Investment, and Treasury Banking, and lastly Property Management
- TIMING: 8:00 am to 3:00 pm from Saturday to Thursday, and lastly Closed on Friday| 10:00 am to 9:00 pm from Saturday to Thursday, and lastly Closed on Friday
- CONTACT: +971 6 519 1525 | +971 4 705 8850 | +971 4 509 4800
- ADDRESS: Opposite Oasis Center, Sheikh Zayed Road| Dubai Mall | Sheikh Khalifa Bin Zayed St next To ADCB Metro station Al Karama Area, Dubai, United Arab Emirates
- LOCATION: Click here to view on Map
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4. DUBAI ISLAMIC BANK
Established in 1975, Dubai Islamic Bank is the first Islamic bank to have incorporated the principles of Islam in all its practices and is the largest Islamic Bank in UAE and third-largest in the world.
Moreover, It is headquartered in Dubai and is counted as one of the best banks in Dubai.
They offer Shari’a compliant services and products to all its clients. Although, Apart from this, they have a range of services to offer to their customers.
- SERVICES: Consumer Banking, Corporate Banking, Real Estate Development, Treasury and lastly Other business segments
- TIMING: 8:00 am to 2:00 pm from Saturday to Thursday
- CONTACT: +971 4 609 2222
- ADDRESS: Al Maktoum Street, Port Saeed, Deira, Dubai, United Arab Emirates
- LOCATION: Click here to view on Map
5. ABU DHABI ISLAMIC BANK
Abu Dhabi Islamic Bank was established in 1977 and is headquartered in Abu Dhabi. Moreover, It is one of the largest and best retail banks in Dubai and UAE.
Additionally, It has received the award for being the best Islamic bank in the world for two consecutive years and the best Islamic bank In UAE for four years by Islamic Finance News.
It has its branches in the UK, Saudi Arabia, Egypt, and Iraq. Specifically, They too follow Shari’a-based services. It is no doubt one of the best Islamic banks in Dubai and UAE.
- SERVICES: Global Retail Banking, Global Wholesale Banking, Private Banking, Treasury, and lastly Real Estate
- TIMING: 8:00 am to 2:00 pm from Saturday to Thursday and lastly Closed on Friday
- CONTACT: +971 600 543216
- ADDRESS: Arenco Building, Sheikh Zayed Rd, In Arenco Media City | Deira, Near City Center |Dubai Mall, Second Floor | Emarat Atrium, Opp. Emirates Holidays Hotel، Sheikh Zayed Road, Dubai, United Arab Emirates
- LOCATION: Click here to view on Map
6. COMMERCIAL BANK OF DUBAI
Founded in 1969, the Commercial Bank of Dubai is headquartered in Deira, Dubai. Additionally, They have other branches in Dubai and around 15 branches all over UAE.
Furthermore, They provide card services to customers residing in UAE and non-residents. Therefore, they are one of the best banks in Dubai for business and the best banks in Dubai for SMEs.
Although, They offer business account packages that are suitable for customers with lower bank account balances.
- SERVICES: Corporate banking, commercial banking, personal banking, Islamic banking, and lastly support services
- TIMING: 8:00 am to 3:00 pm from Saturday to Thursday
- CONTACT: +971 4 212 1000
- ADDRESS: Al Ittihad Street, Dubai, United Arab Emirates
- LOCATION: Click here to view on Map
7. MASHREQ
One of the best local banks in Dubai, Mashreq was established in 1967, one of the oldest banks in the UAE. Additionally, They are headquartered in Dubai and are a joint-stock company and an associate company of the HBCS Group.
Moreover, They have 12 offices in nine countries around the world, including Europe, Asia, Africa, and the US.
Further, It is definitely, one of the best private banks in Dubai. They provide conventional and Islamic personal banking services.
- SERVICES: Retail banking, commercial banking, investment banking, Islamic banking, brokerage services, and lastly asset management services
- TIMING: Every day Open for 24 hours
- CONTACT: +971 4 424 7314
- ADDRESS: Near Al Ghurair City, Deira, Dubai, United Arab Emirates
- LOCATION: Click here to view on Map
8. NATIONAL BANK OF RAS AL-KHAIMAH (RAKBANK)
RAKBANK was established in 1976 and is headquartered in Ras Al-Khaimah, UAE. Additionally, It is a public joint-stock company and is also known as the National Bank of Ras Al-Khaimah.
It has been awarded ‘SME Bank of the year’, therefore one of the best banks in Dubai for SME.
Moreover, It is a retail and business bank with around 33 branches across UAE. They provide retail and commercial banking services to businesses and individuals.
Although, It is one of the best banks in Dubai for business as well as the best retail banks in Dubai and UAE.
- SERVICES: Retail Banking, Wholesale Banking, Business Banking, Treasury, and lastly Insurance Business
- TIMING: 8:00 AM to 3:00 PM from Saturday to Thursday
- CONTACT: +971 4 213 0000
- ADDRESS: RAK Building, Umm Hurrair, Bur Dubai, Dubai, United Arab Emirates
- LOCATION: Click here to view on Map
9. EMIRATES ISLAMIC
Emirates Islamic Bank is one of the best banks in Dubai and UAE for Shari’a-based products and services.
Additionally, It was earlier known as Emirates Islamic Bank and is one of the four Islamic Banks in Dubai.
Further, It is the second-largest Shari’a-compliant bank in UAE. Although It offers retail and corporate banking to individuals, small and large businesses.
Moreover, They have over 60 branches and operate as a subsidiary of Emirates NBD PJSC.
- SERVICES: Personal Finance, Treasury, Commercial Property Finance, Home finance, and lastly Auto Finance
- TIMING: 8:00 am to 4:00 pm from Sunday to Thursday
- CONTACT: +971 600 599995
- ADDRESS: G Floor, Building 16, Executive Office Building, Dubai, United Arab Emirates
- LOCATION: Click here to view on Map
10. NATIONAL BANK OF FUJAIRAH
National Bank of Fujairah has earned itself the position amongst the best banks in Dubai and UAE.
Additionally, It is a commercial bank founded in 1982 and has received many recognitions at the 2017 Banker Middle East UAE Product Award.
Including ‘Best customer Service – Corporate & Investment Banking’, ‘Best Treasury Management’, ‘Best Internet Banking Service; ‘Best SME Trade Finance Offering’, and ‘Best Corporate Advisory Service’.
Further, With such notable recognition, they are bound to be on this list. Additionally, It is to be considered one of the best investment banks in Dubai and UAE.
The best banks in Dubai for sme. Although, In 2013, they also launched an Islamic Banking unit, RAKBANK AMAL.
- SERVICES: Financing services for national and investment projects, deposit and lending services, as well as offering shares for projects on the stock exchange, and lastly purchases and sells peace in markets and financial derivatives
- TIMING: 8:00 am to 3:00 pm from Saturday to Thursday
- CONTACT: +971 600 565551
- ADDRESS: Deira Waterfront Development Car Park Building, Dubai, United Arab Emirates
- LOCATION: Click here to view on Map
So, here ends our list of the best banks in Dubai. You will be provided with the best facilities and many services here.
Make your payments safely and effectively.