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Emirates NBD Launches Offshore Deposit Range

Nick Parmee

9 February 2010

Dubai-based banking group Emirates NBD has launched Jersey Offshore Deposits, a flexible multi-currency fixed-deposit product.

The offering targets affluent and high net worth individuals in the UAE.

The product is available in a range of international currencies, including US dollars, sterling, euros and the UAE dirham, for terms ranging from one month to three years.

The minimum deposit is $25,000, £25,000, €25,000 or AED100,000.