Bank Lockers in the UAE
Bank lockers or safety deposit lockers are places where people can keep their valuables such as jewelry, cash, important documentation and other valuable papers and certificates. Bank locker service in the UAE is provided throughout the state and is offered by all biggest banks with their numerous branches including Emirates Islamic, Emirates NBD, Dubai Bank and Abu Dhabi Commercial Bank.
Bank lockers facility in the UAE and in Dubai, in particular, is equipped with the cutting-edge technology. Some private companies in the country also offer lockers facilities. Lockers in the UAE are fitted with the biometric palm recognition system that confirms your identity and are available in different sizes from extra small to medium and extra large.
Best Bank Offers for Business in Dubai, the UAE
There are 23 local and 28 foreign banks in the UAE. Banks in the UAE fall into four categories: Commercial, investment, Islamic and industrial. The significance of the UAE as the financial centre of the Middle East is constantly growing. It is a perfect combination of innovation, ease of doing business and the tax-free environment. If you are looking for a great deal on business accounts, the UAE is the right place for you. UAE banks offer entrepreneurs interest on account balances, overdraft facilities, cash flow management and many other personalized services.
How to apply for a business bank account in the UAE?
There is a quick online application on the websites of the majority of the UAE banks. Alternatively, you can order a callback or arrange an appointment at the bank.
British Banks in the UAE
The UAE has highly very competitive banking sector. There are 26 local banks operating in the market. Although top five local banks dominate the state’s banking sector (including Emirates NBD, National Bank of Abu Dhabi, Abu Dhabi Commercial Bank, First Gulf Bank and Dubai Islamic Bank), dozens of foreign banks have established their branches in the UAE and especially in Dubai, the financial heart of the country.
Great Britain is a country known worldwide for the reliability of its banks. Most internationally recognized UK banks including Standard Chartered, HSBC and Lloyds. These British banks are represented in the UAE. Though the services of the British banks are rather pricy, having an account in one of them is very good for the image of a company. Let us have a closer look at the list of British banks in the UAE and Dubai in particular.
Canadian Banks in the UAE
The Middle East is a constantly growing financial and investment market. No wonder that more and more international companies, including the ones that deal with banking, take great interest in the area and wish to expand their influence in the region. The UAE is the country of innovation that offers businessmen and investors a number of benefits. Thus, numerous international banks seek an opportunity to establish branches and representative offices in the UAE.
Canada has a reliable banking sector with longstanding tradition. The so-called “Big Five” (a nickname of a group of the most powerful Canadian banks) includes the Bank of Montreal, Scotiabank, The Royal Bank of Canada, Canadian Imperial Bank of Commerce and Toronto-Dominion Bank. Most of these Canadian banks are represented in the UAE.
Investment Banking in Dubai, the UAE
The UAE banking sector is a highly competitive place. In recent years, the importance of the UAE and Dubai, in particular, has been continuously increasing and attracting more and more interested businessmen and investors. Dubai has become a true financial hub of the Middle East.
An investment bank is a bank that provides various investment services to investors. Merging and takeover are the two key areas of investment banks’ work along with financial analytics, selling stocks and offering brokerage services to individual and institutional investors.
