CEO's Message | Financing Growth for UAE's Priority Sectors


H.E. Ahmed Al Naqbi,
Chief Executive Officer, Emirates Development Bank.

“Under our new strategy, EDB is fulfilling a unique and important role in the national
development agenda by providing a range of flexible and tailored financial solutions to large
corporates and SMEs operating in the five priority sectors. This requires a collaborative
approach, we have been able to work with partners to quickly and efficiently mobilize capital to
eligible companies.
EDB has forged partnerships with public and private sector entities across the UAE to swiftly
identity and facilitate financial support for projects based on their developmental impact score
and the standard risk and profit evaluation that commercial banks do.
In the process, we also did our part in cultivating the UAE’s entrepreneurship ecosystem vis a vis our digital banking products and services in addition to curating education and mentoring
programmes aimed at advancing credit worthiness and financial literacy”

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