Emirates NBD, a retail bank in the UAE has rolled out its new Business Banking Bur Dubai Souq Centre in Bur Dubai's souq district, bringing the total number of exclusive Business Banking Centres to eight.

The bank said that the branch will provide a dedicated team of relationship managers and customer sales representatives and trade team, which will serve the customers offering a full suite of products and services.

Emirates NBD said that the increasing demand from the burgeoning Small and Medium Enterprise (SME) sector has helped it to launch the new facility.

Emirates NBD retail banking general manager Suvo Sarkar said the bank’s new Emirates NBD Souq Centre will bring the lender even closer to the trading community in one of Dubai’s most-established business districts, Bur Dubai.

"The expansion of our network of Business Banking Centres is driven by a mounting interest in our services from existing and potential clients, which in turn reflects the growing importance of the SME sector to the UAE economy," Sarkar added.

Emirates NBD head of business banking Vikas Thapar said, "The opening of the new Business Banking Bur Dubai Souq Centre represents an important step in our long-term strategy to meet the transaction, trade and lending needs of SMEs."