The UAE has an impressive banking system, with multiple international banks in Dubai providing investment services, loans, and other modern banking services. Many banks adopt modern technology like digital ledger, artificial intelligence, biometrics, etc. Foreigners and Businesses in Dubai use these services as international banks fulfill every financial demand.
It is necessary for new companies to have a bank account to manage their financial transactions. Banks provide digital and mobile banking services across the country. In the UAE, bank officials often visit their customers at their homes or workplaces to simplify the process of transactions. Here, we have put together a list of top international banks that you can select for your business.
Top 10 Banks in Dubai (International Banks in Dubai)
If you are looking for a foreign bank that provides modern banking services, you can choose from the following list of best international banks in UAE.
- HSBC Middle East
- Standard Chartered Bank
- Citibank N.A
- BNP Paribas Middle East
- Royal Bank of Canada
- Habib Bank A.G. Zurich
- Credit Suisse AG
- Arab African International Bank
- Emirates NBD
- Noor Bank
HSBC Middle East – International Banks in Dubai
HSBC is the world’s second-largest bank by its assets and one of the many first banks in the UAE. The headquarters of HSBC is located in Dubai, a hub for economic activities in the Middle East. Some of the main aspects of HSBC are given below,
Huge Regional Network
The HSBC bank network is huge in the Middle East, with branches across regions that provide modern banking services and help reach global clients.
Private Banking
HSBC offers specialized and private banking services to wealthy individuals and investment advice and wealth plan management exclusively for individuals.
Supports Investment Banking
HSBC provides investment services, trade finance, diving services, and savings account services to businesses in the Middle East. These services help companies to grow locally and internationally.
Provides Green Capital Financing
With the increase in sustainable economic projects, HSBC also supports and provides finance to eco-friendly and sustainable projects.
Digital Transformation
HSBC Bank is using modern technology to increase the efficiency of banking services and improve customer experience.
Local and Global Competencies
They combine local and global knowledge and expertise to provide customized economic solutions to the diverse clients in the region.
Location. HSBC Tower Downtown Dubai
Phone number. 600554722
Timings. Mon-Fri, 10 am – 10 pm
Standard Chartered Bank
Standard Chartered Bank is a major banking group with many branches across Asia, Africa, and the Middle East. The main aspects of the bank are,
Modern Banking Services
Standard Chartered Bank provides modern banking services to local and foreign clients. Whether the clients are individual or corporate all of them enjoy the best banking experience.
Focus on Developing Market
Standard Chartered Bank especially focuses on developing markets and provides special services according to the needs of the local region.
Helps Eco-friendly Businesses
The bank actively supports eco-friendly projects by providing them with financial solutions, which contribute towards the sustainability of the economy.
Helps Community Development
The bank actively participates in community development and social services projects such as educational health and environment-friendly projects.
Location. Standard Chartered Tower Downtown Dubai
Phone Number. +971 600 522 288
Timings. Sun-Thu, 9 am – 5 pm
CitiBank N.A
This bank is also among the leading and top 10 banks in UAE, offering exclusive services to high net-worth customers. Some of Citibank’s main aspects are given below,
Worldwide Network
Citibank is one of the world’s largest banks, with branches in over 100 countries. It allows international and local clients to manage their accounts and provide multiple investment opportunities worldwide.
Exclusive Banking Solution
The bank provides exclusive banking facilities to its clients, such as premium accounts, special bank rates, and other financial services.
Customized Wealth Management
The bank provides customized wealth management services to its private customers, which include investment services, customized financial planning and portfolio management according to their specific needs.
Committed Client Relations Manager
Citibank provides committed financial advisors and relationship managers who provide specialized services to its customers.
Modern Digital Banking
It offers its clients modern digital banking services, making accessing bank accounts easy for them and helps make financial transactions safely and easily.
Location. Al Wasl branch, Sheikh Rashid Road, next to Wafi City
Phone Number. +971 4 3114 4000
Timings. Sun-Thu, 9 am – 5 pm
BNP Paribas
It is one of the best international banks in the UAE and has years of experience in the local region. BNP has branches in 63 countries and has major experience in the Middle East and Africa. Some of its key aspects are as follows,
Support Sustainability
BNP plays a major role in supporting sustainability and climate change worldwide. It offers investors and businesses sustainable bonds, indices, impact investing and more.
Variety and Inclusion
BNP promotes diversity without any discrimination of age, religion and gender. They have a diverse management team that supports talented local individuals.
Integrated Banking Model
The group has a solid integrated banking model that supports all its clients, whether individuals, small businesses, entrepreneurs, or corporates. It provides financial, investments, savings and security services to its clients.
Strong Global Presence
The banking group has a leading social network and commercial enterprise in European countries, a strong global presence in the States, and a growing business in Asia.
Social Accountability
The bank contributes towards sustainable future growth through corporate social responsibility in all its activities while increasing the group’s stability and overall performance.
Location. Emaar Square, Building 1, 7th floor
Phone Number. +973 1786 6626
Timings. 8 am – 5 pm
Royal Bank of Canada
RBC is one of the best international banks in the UAE, offering different financial services. The key points are,
Financial Services
The bank provides different financial services, which include individual and commercial clients, wealth management, investment solutions, and insurance services at the international level.
Digital Banking
The RBC bank is known for providing a modern digital banking system to manage its finances and investments. It allows customers to do transactions from their homes easily.
International Reach
The bank’s main branch is in Canada, but it has a huge presence worldwide. It has branches in over 30 countries, providing different banking services like ATM, online banking, and more.
Investment Banking
The bank provides various services, including investment and corporate banking services and financial risk management, and helps corporations, institutes, and governmental authorities access the markets.
Location. Park Place Tower, Suite 1403, Sheikh Zayed Road
Phone Number. + 971 4 331 3196
Timings. Mon-Fri
Habib Bank AG Zurich
HBZ is a well-known bank on the list of international banks in UAE that provide different financial services to its clients. Its key points are given below,
Financial Management Services
HBZ provides financial management services such as personal corporate finance services, trade finance to businesses and wealth management. Habib Bank also offers Islamic banking services to its customers.
International Branches
The main headquarters of HBZ is in Switzerland, but it has multiple branches across the globe, providing modern banking services to its clients.
Supports Trade Finance
HBZ has a strong presence in the Middle East and Asia, which has given them experience in trade finance and helped businesses grow in the industry.
Personal and Business Banking Service
Habib Bank provides personal and business services to its customers while keeping their unique needs in mind efficiently.
Location. Sheikh Zayed Road, 4th Interchange – Umm Al Sheif
Phone Number. 04 373 5200
Timings. Mon-Sat, 8 am-3 pm
Credit Suisse AG
Credit Suisse is a well-known bank providing private asset management and investment banking services. This global bank has the following key aspects.
Wealth Management
The bank has decades of experience in wealth management and specific services for high-income clients.
Finance Services
The bank provides financial services to clients, such as corporate finances, real asset financing, etc.
Business Consulting Services
Credit Suisse provides business planning services for business and capital market situations.
Supports Single Family Offices
The bank helps single-family offices maintain, grow, and transfer wealth and assets to the next generation and the business cycle.
Location. East Wing, The Gateway Building – 9th Floor – Sheikh Zayed Road – Dubai
Phone Number. +971 4 362 0000
Timings. Mon – Fri, 9 am – 6 am
Arab African International Bank
It is one of the top 10 banks in Dubai, offering its clients various innovative banking services and products. The main services of the banks are discussed below.
Institutional and Corporate Banking
The bank provides its clients unique business capital facilities, finances, and investment services that meet their needs.
Depository Services
The bank provides clients with different savings and current account services in major countries.
Funds Transfer Across Regions
The bank has strong banking services that help clients send funds and remittances across regions.
Location. Dubai – United Arab Emirates
Phone Number. +971 4 373 6666
Emirates NBD
Emirates NBD is a well-known bank in the Middle East offering banking services to high-networth customers in the Middle East and the UAE. The benefits provided by the bank are given below.
Islamic Banking Services
Emirates NBD is one of the few banks in the Emirates that provide Islamic banking services to its customers.
Investment Solutions
The bank provides different kinds of investment solutions according to the needs of its customers.
Multiple Branches
Emirates NBD has multiple branches worldwide and provides experienced banking services to local and international clients.
Client Management
The bank has an expert and dedicated management team that take care of customer’s needs and help them achieve their financial objectives.
Location. Emirates NBD Building – First Al Khail St – Al Barsha 2 – Dubai
Phone Number. +971 600 54 0000
Noor Bank
Noor Bank is also one of the best international banks in UAE, offering various Islamic Banking Services. The main aspects of the bank are as follows.
Islamic Banking
Apart from providing business banking, personal banking, and wealth management services, Noor Bank offers its clients Islamic banking services.
Islamic Finance
The bank is committed to providing Islamic financing and making sure all services and products are according to the laws of the Shariah.
Diverse Clients
The bank has a considerable presence and diverse clients in the country, ranging from individuals to large and small businesses.
Global Network
Noor Bank has various branches across the country and international branches in Abu Dhabi, Sharjah Free Zone, the UK, Saudi Arabia, and North Africa.
Modern Banking Services
The bank offers its customers modern digital online and mobile banking services for efficient and easy banking services.
Location. 9GF7+43W – Mussafah – Mussafah Industrial – Abu Dhabi – United Arab Emirates
Phone Number. +971 2 555 8858
Timings. Mon-Sun, 6 am – 11:30 am
We have provided a complete list of international banks in UAE that provide modern and digital banking services, wealth management and investment solutions.
Final Thoughts
In short, many International Banks in Dubai offer modern banking services to their customers, whether individuals or corporate entities. Selecting the right bank can be very helpful as they will provide competitive exchange rates and have a good reputation in offshore financial centers with a strong global reach. Remember the key points mentioned above to find the right bank for your business in Dubai.
Al-Riyady is an experienced business setup consultant who can help you select the right bank for your business. Our team is experts in answering all your business-related questions. Contact us for Auditing and Accounting Services, Tax Consultancy, Business Liquidation and more.
