The UAE’s influence in financial decision making has rapidly increased in the region and also across the world. The UAE government is making all its efforts to make Dubai a financial hub by providing business opportunities and infrastructure. The business sector partners, entrepreneurs and investors from across the world are encouraged towards the transparent business environment and efficient banking system.
Banks in the UAE, both the local and international banks are present in Dubai International Financial city. It is the most happening place with the business facilities, tourist attractions, restaurants, residencies and business attractions. The most famous banks in Financial city are Deutsche Bank, Citibank BNP Paribas etc.
The financial zone is managed by the government of UAE. In the Middle East, Africa and South Asia which is headed by the governor the Dubai International Centre is the recognised financial centre. Companies, banks in UAE enjoy 50 years of tax free environment on corporate income with 100 percent foreign ownership. The largest international banks in the UAE are situated in Dubai International Financial Centre.
The Dubai economy has moved away from the traditional business model. It has been more diversified and it has relied on trade service and monetary services. With the advantage of a tax free environment, innovation in business, quick licensing, legal guidelines and diversification of economic activity, banks are encouraged to operate their business in the UAE.
Click here for Top 10 banks in Sharjah
Banking Services in UAE
There are a number of services which banks provide in the UAE. These services include wealth management, investment banking, day to day business banking services, retail banking, corporate banking, consumer banking and other banking services. You can also open an International bank account in one of these banks, The services include which are similar to retail banking such as offering loans, credit cards and other online banking services. Below is the list of International banks in the UAE.
HSBC Middle East
The largest & widely accepted International Bank in the UAE
HSBC has established operations in key Middle Eastern countries and financial centers, delivering localized services on a global scale. This bank is specialized services for high-net-worth individuals including tailored investment advice and exclusive banking solutions designed to meet your unique needs.
Location: HSBC Tower, Downtown Dubai
Hours: Monday to Friday, 10:00 am to 10:00 pm
Contact: 600554722
Standard Chartered Bank
It offers a wide range of conventional banking products and services.
The bank’s operations span multiple countries, with a significant presence in emerging markets like the UAE, offering a blend of global reach and local understanding. We deliver specialized services designed to meet the distinct financial requirements of rapidly expanding and dynamic regions.
Location: Standard Chartered Tower, Downtown Dubai
Hours: Sunday to Thursday, 9:00 AM to 5:00 PM
Contact: +971 600 522 288
Royal Bank of Canada
RBC is among the world’s best top 18 globally largest banks.
RBC offers a comprehensive suite of financial services, including personal and commercial banking, wealth management, insurance, investor services, and global capital market solutions.
From its headquarters in Toronto, RBC serves clients around the world and provides access to an extensive network of ATMs in over 30 countries.
Location: Park Place Tower, Suite 1403, Sheikh Zayed Road
Contact: + 971 4 331 3196
BNP Paribas Middle East
It is the leading bank committed to the Middle East
With over 45 years of experience in the Middle East and 75 years in Africa, BNP Paribas combines a deep understanding of the local markets with global expertise. We are dedicated to building long-term client relationships by supporting your business strategies and addressing your financing and investment needs.
Address: Financial Tower, West Tower, PO Box 5253, Manama – Kingdom of Bahrain
Phone: +973 1786 6666
Citibank N.A
Citi is one of the major providers of Consumer credit services, including personal loans.
Citi provides customized solutions to meet individual goals, including:
* Investment advice
* Portfolio management
* Financial planning
It offers a wide array of investment products across various asset classes, including Islamic banking options for Muslim clients.
Location: Al Wasl branch, Sheikh Rashid Road, next to Wafi City
Timings: Sunday to Thursday, 09:00 am to 05:00 pm
Contact: +971 4 3114 4000
Habib Bank A.G. Zurich
Habib Bank AG Zurich, founded in Switzerland in 1967, started operating in the UAE in 1974 as a branch.
Licensed and regulated by the Central Bank of the UAE and the Securities and Commodities Authority, it offers comprehensive banking services through eight branches across the UAE. It serves with traditional banking values with International corporate banking philosophy
Location: Sheikh Zayed Road, 4th Interchange – Umm Al Sheif
Timings: Monday to Saturday, 08:00 am to 03:00 pm
Contact: 04 373 5200
Arab African International Bank
The bank has a commitment to provide innovative services and to emphasize the strong regional presence, which serves as a gateway for international business in the region. It is the best investment bank with wealth management & most innovative products.
Location: Dubai National Insurance Building, Next to Mazaya Shopping Centre، Sheikh Zayed Road
Timings: Monday to Saturday, 08:30 am to 02:30 pm
Contact: 04 373 6666
Click here for Islamic banks in the UAE
Banque Libanaise Pour Le Commerce.
It is a Lebanese financial institution that offers banking, insurance and asset management services.
P.O Box 4207 Dubai Dubai; United Arab Emirates
Bank of Baroda UAE
Bank of Baroda has been operating in the UAE since 1974 and provides comprehensive banking services to NRIs, OCIs, and foreign nationals.
It has six branches across four emirates, offering various products and services through its branch network and Electronic Banking Service (EBS) units.
It is a main land bank having full fledged banking operations within the country.
Address: Ground floor, Al Jazeera Towers – Hamdan Bin Mohammed St – Al Danah – Zone 1 – Abu Dhabi – United Arab Emirates
Phone: +971 2 632 2000
Barclays Bank PLC
Barclays has been serving the Middle East business community for over 150 years, delivering Corporate and Investment Banking, and Private Banking services. Bank offers corporate banking solutions to financial institutions and multinational corporations, assisting with financing, risk management, and cash, liquidity, trade, and working capital management.
It is a member of the middle east business community which provides clients investment banking and Corporate solutions.
Address:
Barclays Bank PLC (DIFC Branch)
Dubai International Financial Centre
Gate Village, Building 10, Level 6
PO Box 506674
Dubai, UAE
Phone Number: +971 (4) 362 1000
Email: uaecorporateservices@barclays.com
Services of International banks in UAE
International banks in Dubai offer trade finance, business loans, investment banking, account management, and foreign exchange services. Select a bank that aligns with your corporate banking and account management needs.
These banks support company development, provide growth capital, and facilitate market entry. A bank with an extensive branch and ATM network across Dubai is also advantageous for accessible financial management.
These banks have branches in Dubai Marina, Palm Jumeirah, Dubai Land, JVC, City Walk, and Business Bay.
If you’re considering leasing or buying property in Dubai, explore options like luxury apartments or villas for sale or rent.
About the author
Vinay Kumar Goguru is a finance professional with more than 8 years of diverse experience as a researcher, instructor and Industry work experience with both public and private entities. Prior to MyMoneySouq, he spent 6 years in Berkadia, It's a commercial mortgage banking company. He has a "Doctoral Degree in Commerce" and two master's degrees with a specialization in Finance, one as Master of Commerce and other as Master of Business Administration. He has written several articles on personal finance, published by different International journals. He loves traveling, reading and writing is his passion. He has a dream of writing a book on his favorite finance topics.
