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In 2014, Dubai Bank Corp. made significant progress toward fulfilling the Board's core commitment to improve development quality and returns through launching our initiatives to deepen reform, accelerate the transition to new sources of growth, as well as enhance internal management and maintained a favorable growth momentum. We are delighted to see that, with regard to reforms, Dubai Bank's marketing business has established mixed-ownership operations by restructuring and introducing private capital. This move not only enhanced our enterprise value but also advanced the transition of the business from just a financial insitution to a more integrated services providing institution.
Dubai Bank Corporation (Dubai Bank Group) is a super-large Financial instution, established in September 2002 on the basis of the financial institution with a focus on the UAE’s Islamic banking sector on 1 January 2007. Dubai Bank Corp is part of the Dubai Group, and Dubai Holdings company, functioning as a state-authorized investment organization in Dubai