Our Promise. Your Future.
Who We Are
Established by Federal Law no. 7 of 2011 under a decree issued by the late Sheikh Khalifa bin Zayed Al Nahyan, Emirates Development Bank officially launched its operations in 2015 under the patronage of His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice president, Deputy Prime Minister and Minister of the Presidential court.
EDB plays a key financial enabler role in the UAE’s economic diversification and industrial transformation agenda, towards building a knowledge-based economy.
As part of this strategy, EDB is set to become a key engine for the growth of the UAE’s economy and the post-COVID recovery suggests economic acceleration, enabling plans to further develop the national industrial ecosystem across key sectors, driving as such the UAE’s global competitiveness and sustainable growth.
EDB expands SME financing funding support to both UAE Nationals and residents owning and managing businesses operating in the priority sectors. We also emphasize entrepreneurship and innovation, adopting advanced technologies, generating In-Country Value as well as contributing to the 4th Industrial Revolution. Our strategy focuses on five key sectors: manufacturing, healthcare, renewables, food security, and technology.
We also continue to support UAE nationals in acquiring their homes.
To serve our customers better, understand their needs, and meet their goals to the best of our abilities, we have:
- 2 fully operational branches in Abu Dhabi and Dubai.
- A digital platform to provide our customers with financial and non-financial services, facilitating faster transactions and efficiently meeting their needs.
Applying for direct financing funding support is easy through our website.
To be a catalyst for the progressive evolution of the UAE Economy
To support the UAE’s economic diversification agenda by enabling individuals, SMEs and corporates in priority industrial sectors, while promoting innovative technologies to build a knowledge-based economy.
- Enable UAE’s industrial development
- Accelerate the adoption of advanced technologies
- Empower the growth of SMEs in the UAE
- Encourage entrepreneurship and innovation
- Support UAE nationals in acquiring their homes