Emirates Investment Bank Review
The Right Private Bank for UAE High-Net-Worth Clients?
Editor’s Verdict for EIBank
Emirates Investment Bank (EIBank) is not a high-street bank – it is an independent private bank built around wealth management, asset management, and bespoke investment advisory for high-net-worth clients. Founded in 1976 by three prominent UAE business families and majority-owned by Al-Futtaim Private Company, it operates from a single head office in Dubai Festival City and serves a select client base rather than the mass market. If you are looking for a salary account, a cashback card, or a branch on every corner, this is the wrong bank. If you are looking for a relationship-driven partner to preserve and grow significant wealth, it sits firmly in that niche.
✓ Best For
- High-net-worth individuals and families seeking tailored private banking and wealth management
- Clients who value a single dedicated relationship manager over a large branch network
- Investors wanting access to global markets, asset management, and corporate finance advice in one place
- Those who prefer a boutique, discreet bank with a long UAE track record (since 1976)
✗ Not Ideal For
- Everyday retail customers wanting salary accounts, debit cards, or free basic banking
- Anyone needing a wide branch or ATM network across the UAE (EIBank has one office)
- Clients with modest balances who fall below private banking minimums
Quick Facts
| Bank Type | Independent Private Bank / Wealth & Asset Management / Investment Advisory |
|---|---|
| Founded | 1976 (private banking platform launched in 2008) |
| Ownership | Subsidiary of Al-Futtaim Private Company LLC; listed on Dubai Financial Market (ticker: EIBank) |
| Headquarters | Level 15, Festival Tower, Dubai Festival City, Dubai, UAE |
| Office Network | Single head office in Dubai (no retail branch network) |
| Core Services | Private banking, asset management, investment advisory, treasury, credit facilities, deposits |
| Digital Platform | Core wealth platform powered by Avaloq (digital transformation programme) |
| Regulation | Central Bank of the UAE and UAE Securities & Commodities Authority |
| Languages Supported | English, Arabic |
| SWIFT/BIC Code | AEINAEAD (AEINAEADXXX) |
🏛️ About the Bank
📍 Contact & Location
Emirates Investment Bank Pros & Cons
✓ Pros
- True independent private bank
Specialist focus on wealth and asset management rather than mass-market products - Long UAE track record
Established in 1976 and backed by Al-Futtaim, one of the region’s largest groups - Relationship-driven model
Dedicated relationship managers and bespoke, in-house structured solutions - Global market access
Asset management, corporate finance advice, and access to international markets in one place - Digital upgrade underway
Adoption of the Avaloq core platform to modernise wealth and investment operations
✗ Cons
- No retail footprint
A single office in Dubai and no public ATM network - High entry threshold
Built for high-net-worth clients; not suited to everyday banking needs - Limited everyday products
No mainstream salary accounts, cashback cards, or budget packages - Niche accessibility
Onboarding is relationship-based rather than instant or fully self-service - Less public information
Fees and product terms are largely disclosed on a client-by-client basis
EIBank Key Services
Private Banking
Core Service
Who it’s for: High-net-worth individuals and families who want a single point of contact for their wealth.
EIBank’s private banking offering covers the full spectrum of services – from daily banking and deposits to access to global markets and corporate finance advice. The model is relationship-driven: a dedicated relationship manager takes time to understand your objectives, whether that is to preserve, grow, or transition wealth, and then structures solutions around those goals.
Asset & Investment Management
Flagship
EIBank manages investment portfolios and provides investment advisory across multiple asset classes and geographies. With in-house asset-class expertise and the ability to source products globally, the bank positions itself as a wealth manager of choice in the region for selected clients.
Services span discretionary and advisory portfolio management, access to international markets, and treasury solutions, all delivered under the bank’s relationship-driven philosophy.
Banking, Deposits & Credit Facilities
Supporting Service
Who it’s for: Existing private banking clients who need everyday banking alongside their investments.
Beyond investments, EIBank accepts deposits and provides treasury services and credit facilities to corporate and individual clients. These include lending solutions such as equity release against fully paid-up property in Dubai, structured to complement a client’s broader wealth plan rather than as standalone retail products.
Emirates Investment Bank Fees & Charges
As a private bank, EIBank discloses most pricing through its client-facing Schedule of Charges and during onboarding rather than via standardised public retail tariffs. The notes below reflect the bank’s general structure – confirm exact figures directly with the bank:
Digital Experience
Wealth Platform & Online Access
Unlike mass-market banks, EIBank’s digital strategy centres on its private banking and wealth operations rather than a consumer super-app. The bank has partnered with Avaloq to modernise its core wealth and investment management platform, aiming to give relationship managers and clients better portfolio visibility, reporting, and servicing.
What works well: The Avaloq-based core platform is designed to streamline portfolio management, reporting, and client servicing – the areas that matter most to wealth clients. Digital tools support, rather than replace, the relationship-manager model.
What to expect: There is no broad consumer mobile-banking ecosystem comparable to large retail banks. Digital access is geared to private banking clients, so day-to-day self-service features are more limited than at a high-street bank.
Emirates Investment Bank Contact Information & Support
Customer Service
Main Telephone
Fax
Media Enquiries
Fraud Reporting
Head Office
Level 15, Festival Tower, Dubai Festival City
PO Box 5503
Dubai, UAE
Quick Actions
Emirates Investment Bank SWIFT Code
Emirates Investment Bank operates under a single SWIFT/BIC code for international transfers. Always confirm the exact code with the bank before sending funds.
| SWIFT Code | Branch / Department | Emirate | Address |
|---|---|---|---|
| AEINAEAD | Head Office | Dubai | Festival Tower, Suite 1502, Dubai Festival City |
If you’re not sure what this means, see what is a SWIFT code. To browse every bank, open the full UAE SWIFT code table, or check this SWIFT code.
Emirates Investment Bank Branch Network
Emirates Investment Bank is a boutique private bank and operates from a single head office in Dubai. It does not maintain a retail branch or ATM network across the seven emirates, so the listing below covers its sole office.
Dubai
| Branch | Address |
|---|---|
| Head Office | Level 15, Festival Tower, Dubai Festival City, P.O. Box 5503, Dubai, UAE |
Information may change – verify current terms on the official Emirates Investment Bank website before making financial decisions. This page is for informational purposes only and does not constitute financial advice.
FAQ – Emirates Investment Bank
What kind of bank is Emirates Investment Bank?
Emirates Investment Bank (EIBank) is an independent private bank based in Dubai, focused on wealth management, asset management, and investment advisory for high-net-worth clients. It is not a mass-market retail bank.
When was Emirates Investment Bank founded?
It was founded in 1976 by three prominent UAE business families, initially financing industrial projects. In 2008 it opened its private banking platform to a broader base of high-net-worth clients. It has been listed on the Dubai Financial Market since 2005.
Who owns Emirates Investment Bank?
It is a subsidiary of Al-Futtaim Private Company LLC, which holds the majority of its shares (around 92%). The bank is listed on the Dubai Financial Market under the ticker EIBank.
How many branches does Emirates Investment Bank have?
EIBank operates from a single head office in Dubai – Level 15, Festival Tower, Dubai Festival City. As a private bank, it does not run a retail branch or ATM network across the UAE.
What is the Emirates Investment Bank SWIFT code?
The SWIFT/BIC code is AEINAEAD (full form AEINAEADXXX), registered to the head office at Festival Tower, Dubai Festival City. Always confirm the code with the bank before initiating a transfer.
How do I contact Emirates Investment Bank?
Call the head office on +971 (0)4 231 7777 or fax +971 (0)4 231 7788. For media enquiries, email comms@eibank.com. The office is at Level 15, Festival Tower, Dubai Festival City, PO Box 5503, Dubai.
What services does EIBank offer?
It offers private banking, asset and portfolio management, investment advisory, treasury services, deposits, and credit facilities (including equity release against fully paid-up Dubai property), all delivered through a relationship-manager model.
Is Emirates Investment Bank regulated?
Yes. It is regulated by the Central Bank of the UAE and the UAE Securities & Commodities Authority, and operates under a Restricted License Bank framework.
Does Emirates Investment Bank offer retail products like salary accounts or credit cards?
No. EIBank focuses on private banking and wealth management. Everyday banking is provided as part of a private banking relationship rather than as standalone retail products such as salary accounts or cashback cards.
Does EIBank have a mobile banking app?
EIBank does not operate a mainstream consumer banking app. Its digital strategy centres on modernising its core wealth and investment platform (powered by Avaloq) to support relationship managers and private banking clients.
