Emirates Development Bank, a specialized financial institution, provides financial services for industrial projects in the United Arab Emirates. It offers long, medium, and short term loans; online banking services; and revolving credit facilities, special contract finance, export credit facilities, convertible loans, Islamic schemes of financing, equity financing, bid and performance bonds, machinery/equipment financing, and raw material financing, as well as finance for the ownership of existing projects. The companys development services include feasibility studies, preparation of marketing studies, project identification, preparation of economic studies and researches, publication and distribution, and preparation of industrial data. It serves private and semi-private enterprises in various industrial sectors, including food and beverages, textile, garments and leather, paper, paper products and printing, chemical products, plastic and rubber products, non-metallic mineral products, basic metals, and wood products. The company was formerly known as Emirates Industrial Bank and changed its name to Emirates Development Bank in August 2010. The company was founded in 1982 and is based in Abu Dhabi, the United Arab Emirates with a branch office in Dubai, the United Arab Emirates.
Arab Monetary Fund Building 6th Floor Corniche Road Abu Dhabi, United Arab Emirates
United Arab Emirates
971 12 6339700
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