Introducing EDB’s Business Banking App

Get a business Bank Account with 48 hours, and a business loan for up to AED 5 Million within 5 working days

EDB’s Business Banking app offers 24x7 secure, convenient, on-the-go digital banking services. The Service allows SMEs and startups to obtain a business bank account within 48 hours and apply for loans of up to AED5 million directly through its Digital Banking App and receive approval or feedback within five days

Enabling tomorrow

EDB is a key financial enabler of the UAE’s economic diversification and industrial transformation. A key pillar of our mission is to enable companies of all shapes and sizes to do business with ease in the UAE. The introduction of our business banking app ensures every business in the UAE is enabled to open a bank account quickly and efficiently and for business operating within the 5 key sectors to apply for a loan up to AED 5 Million within 5 working days.

Enabling business

We have integrated every aspect of your needs into our brand new business banking experience:

Free and open to all businesses across all Emirates
Complete an application in seconds
IBAN reserved within minutes
Account activated within 48 hours *
No minimum balance

Business Loans up to AED 5 Million

Attractive Interest rate starting from 7.49%
Unsecured Finance Amount of upto AED 2 Mn
Secured Finance Amount of upto AED 5 Mn
Attractive tenor of upto 60 months
Grace period of upto 6 months
Digital Application, decision in 72 hours

^* Subject to all valid documentation being provided

Getting started

If you're a new user:

Download EDB Business Banking from the app store (available on both App Store and Google Play)
Launch the app
Once you get to the welcome screen, get started and set up your account in a few easy steps. Remember to keep your documents at hand to get through as quickly as possible
You're in! Enjoy EDB Business Banking