El Nilein Bank

Abu Dhabi, UAE

https://www.elnileinbank.com

Bank Logo

El Nilein Bank is a prominent banking institution with a significant presence in the United Arab Emirates (UAE). The bank's primary objective is to improve the lives of its customers by focusing on building transparent banking processes using state-of-the-art technology. It offers a variety of accounts and services, including Current Account, Saving Account, Salary Transfer Account, Non-Resident Account, ATM Cards, and Post-Paid Salary Cards, designed to meet the diverse financial needs of its clientele.

Operations

El Nilein Bank operates a network of branches throughout the UAE, providing a wide range of banking services to its customers. The bank is committed to delivering exceptional customer service and uses advanced banking technologies to streamline its operations, enhance customer experiences, and ensure the transparency of its banking processes.

Global Presence

El Nilein Bank's global presence extends beyond the UAE, with a network that comprises 42 banking branches inside Sudan and one branch in Abu Dhabi. The bank was established as a result of a merger, which has significantly increased its operational scale and global reach. Despite stiff competition from other notable banks such as Mashreq Bank, Dubai Islamic Bank, and ADIB, El Nilein Bank continues to hold its own in the banking industry.

Regulatory Compliance

El Nilein Bank is compliant with international banking regulations and is not found on any international sanctions lists, indicating its commitment to ethical banking practices. The bank's SWIFT/BIC code, an 8-11 character code used for international transactions, further underscores its active participation in the global banking network.

Online Presence

El Nilein Bank maintains a strong online presence through its official website and various social media platforms, including Facebook, LinkedIn, and Instagram. These platforms allow the bank to connect with its customers, provide updates on its products and services, and receive feedback to improve its service delivery.

Branches

El Nilein Bank El Nilein Bank

El Nilein Bank

Al Danah - Zone 1 - Abu Dhabi

Personal

Deposits

El Nilein Bank Logo
Minimum Deposit: AED 10,000.00
Tenure: 365 - 1095 days
Interest Rate: 4%
Payment Frequency: On Maturity
Early Withdrawal Penalty: If withdrawn before 30 days, no profit is paid. If withdrawn before full tenure, profit is recalculated based on applicable weightages and a 1% reduction is applied.
Islamic Deposit: Yes

Features:

Unrestricted Mudaraba contract. Deposits are pooled into Sharia-compliant investments, with weightages determining profit distribution.

Car Loans

El Nilein Bank Logo
Interest Rate:
Maximum Loan Amount:
Loan Tenure: 60 months
Loan-to-Value (LTV): %

Features:

Sharia-compliant Murabaha financing; Quick approval process; Covers new and pre-owned vehicles

Business

SWIFT Codes

El Nilein Bank - Abu Dhabi Branch
NILBAEAA

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