emiratesnbd blogspot.com

EmiratesNBD The Failing Story

Emirates Bank International amp;amp; National Bank of Dubai, two Dubai based local banks were asked to merge to create a giant bank which can stand international competition. As the process started, what was supposed to be a Merger, became a Takeover by EBI over NBD, resulting in a number of set backs that only harmed the economy instead of adding to its prosperity.

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EmiratesNBD The Failing Story

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Emirates Bank International amp;amp; National Bank of Dubai, two Dubai based local banks were asked to merge to create a giant bank which can stand international competition. As the process started, what was supposed to be a Merger, became a Takeover by EBI over NBD, resulting in a number of set backs that only harmed the economy instead of adding to its prosperity.

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This web page emiratesnbd.blogspot.com states the following, "Emirates Bank International and National Bank of Dubai, two Dubai based local banks were asked to merge to create a giant bank which can stand international competition." We saw that the webpage said " As the process started, what was supposed to be a Merger, became a Takeover by EBI over NBD, resulting in a number of set backs that only harmed the economy instead of adding to its prosperity." It also said " Sunday, 16 May 2010. How A Great Idea Turned Into the Worst Banking Merger Experience."

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