Emirates NBD, a prominent banking group in the Middle East, North Africa, and Türkiye region, has introduced a pioneering service for physical gold and silver bullion transactions across international markets. This new offering is compliant with UAE Good Delivery approved standards, allowing clients to purchase, trade, and store bullion securely.
Launched at the beginning of May 2025, this facility supports the refining and sale of gold in accordance with London Bullion Market Association (LBMA) and UAEGD standards. It integrates within a banking framework, establishing Emirates NBD as an accessible service provider in the safe-haven asset market.
The service aims to position Emirates NBD as the preferred bullion partner by delivering a comprehensive range of products to its Corporate, Institutional, Retail Banking, and Wealth Management clients. This aligns with the UAE’s strategy to expand its status as a leading gold trading destination. Currently, Dubai ranks among the top three global gold hubs alongside Switzerland and London.
Ahmed Al Qassim from Emirates NBD stated: “The launch of Emirates NBD’s new bullion service is part of our ongoing vision to diversify…a unique offering from a leading regional financial institution.” Ammar Al Haj added: “As the first regional bank to introduce a physical gold and silver bullion transaction service with international reach…unlocking new pathways for institutional, corporate and individual clients.”
Clients interested in exploring this service are encouraged to contact their bank Relationship Manager.
