Page 422 - Sustainable Cities and Communities Design Handbook

394 Sustainable Cities and Communities Design Handbook

42. Noor Islamic Bank PJSC
43. Sharjah Islamic Bank
44. Standard Chartered Bank
45. Union National Bank
46. United Arab Bank
47. United Bank Limited

Representative offices are as follows:
1. Bank of Bahrain & Kuwait
2. Barclays Bank
3. Doha Bank
4. ED & F Investment Products Ltd.
5. ICICI Bank
6. Korea Exchange Bank
7. Standard Bank London Ltd.
8. Union Bancaire prive’e (CBI-TDB)
9. Westdeutche Landesbank
In 2011 two licenses were granted to wholesale banks, namely, Deutsche
Bank AG and Industrial & Commercial Bank of China. Moreover, two
investment banks commenced operation in the country, Arab Emirates Invest
Bank and HSBC Financial Services (Middle East) Limited.
Commercial Banks Operating in the UAE (2010 and 2011)
2010 2011
December March June September December
National Banks
Head Offices 23 23 23 23 23
Branches 732 736 745 757 768
Electronic Customer 26 29 27 27 26
Service Units
Cash Offices 86 86 86 87 87
GCC Banks
Main Branches 6 6 6 6 6
Additional Branches 1 1 1 1 1
Other Foreign Banks
Main Branches 22 22 22 22 22
Additional Branches 82 82 82 82 82
Electronic Customer 50 48 47 47 50
Service Units
Cash offices 1 1 1 1 1
Number of ATMs 3.758 3.846 3.963 4.053 4.172
Based on www.centralbank.ae.

The number of GCC banks in 2011 remained unchanged at 7, whereas the
number of other foreign banks remained unchanged at 22, the number of their