NBAD, The Number One Bank in UAE, was incorporated in 1968 and is listed in the Abu Dhabi Securities Exchange (ADX), under stock code NBAD.
NBAD has been ranked in 2011 for the third time in a row one of the “World’s 50 Safest Banks” and the “Safest Bank in the Middle East” by Global Finance. The ranking serves as a trusted standard of creditworthiness for the financial industry.
NBAD has also been named the Best Bank in the UAE in 2011 for the third consecutive year and for the fifth time in a decade by Euromoney. NBAD surpassed the US$1 billion net profits in 2010, becoming the first UAE bank to reach this milestone.
The Bank has a network of more than 110 branches in the UAE in to provide banking services to customers all over the country. It also operates more than 450 ATMs allowing customers to perform a variety of transactions.
Besides brick & mortar branches, NBAD provides around-the-clock account access through internet banking, the SMS-based payment service Arrow; and personalised customer support through its 24-hour Call Centre.
NBAD’s overseas network stretches from Hong Kong in Asia; Oman, Kuwait, and Bahrain in the GCC; Jordan in the Levant; Egypt, Sudan and Libya in Africa; France, Switzerland and the UK in Europe; to Washington, D.C., in the USA Overall, NBAD has nearly 50 branches and 60 ATMs outside the UAE.
NBAD provides its customers with a wide variety of financial services targeting all segments of the consumer and corporate markets in addition to fund management, brokerage, financial markets, leasing, property management and private banking businesses. The bank is organised into various client-focused divisions. They are the UAE Domestic Banking, International Banking, Financial Markets, Corporate and Investment Banking, Abu Dhabi National Islamic Finance (ADNIF), and Global Wealth comprising of Private Banking and Asset Management Group, and the wholly owned stock brokerage company Abu Dhabi Financial Services (ADFS). The Bank's wholly owned subsidiaries, Abu Dhabi National Leasing Company (ADNL) and Abu Dhabi National Properties (ADNP) are part of the Corporate and Investment Banking division.
NBAD is rated senior long term/short term A+/A-1 by Standard & Poor's, Aa3/P1 by Moody’s, AA-/F1+ by Fitch and A+ by Rating and Investment Information Inc (R&I), giving it one of the strongest combined rating of any Middle Eastern financial institution.
Committed to the service of the UAE society, NBAD has a written Corporate Social Responsibility Mission, which forms an important element of the Bank's overall strategy. In 2010, NBAD became the first UAE bank and among one of the few Arab companies to begin publishing its annual Sustainability Report. NBAD is a founding member of Abu Dhabi Sustainability Group and a member of Arab Sustainability Group.
NBAD is an award winning leader in the UAE and GCC financial services industry. In 2009, NBAD won the prestigious UAE Corporate Governance Award by Hawkamah, Institute of Corporate Governance; the Human Resources Development Award in Banking Sector and Best Emiratisation CEO Award in Banking Sector from Emirates Institute for Banking and Financial Studies; Retail Bank of the year from Arabian Business; Best Personal Loan in the Middle East from Bankers Middle East; Best Local Bank in the UAE from emeafinance; Deal of the year from Project Finance Magazine; Best Company for Investor Relations in the UAE from Middle East Investor Relations Society; Corporate Finance, Structured Finance & UAE Deal of the year from Islamic Finance News; and Strategic Banking Web Award from the Pan- Arab Web Academy.
In previous years, NBAD has also won other prestigious awards such as the Sheikh Khalifa Gold Award, the Mohammed Bin Rashid Al Maktoum Business Award, the Dubai Quality Award, the Middle East Excellence Award 2008, ACN Arab Technology Award for the Banking & Finance, CIO Award of The Year, the Middle East e-Banking Country Award, the Outstanding use of IT in Financial Services Award, and excellence award for Best use of Technology from Banker Middle East.
NBAD, The Number One Bank in UAE, grows strategically toward its Vision to be recognised as the World’s Best Arab Bank.