National Bank of Abu Dhabi

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Recent Press Releases

• NBAD names Alan Durrant as Chief Investment Officer11 October 2009

  National Bank of Abu Dhabi (NBAD), The Number One Bank in the UAE, has announced today the appointment of Mr. Alan Durrant as Chief Investment Officer of its Asset Management Group.

• NBAD opens its 90th branch in the UAE28 September 2009

  National Bank of Abu Dhabi (NBAD) has announced the opening of its new branch in Al Nahda in Sharjah in line with its expansion plan to cover all strategic and remote locations in the UAE, taking to 90 the total number of the bank’s branches across the country.
  

• NBAD official bank of the 2009 Formula 1 Etihad Airways Abu Dhabi Grand Prix28 September 2009

  National Bank of Abu Dhabi (NBAD), The Number One Bank in the UAE, has signed TODAY a three-year agreement to sponsor Yas Marina Circuit, which will host the 2009 Formula 1™ Etihad Airways Abu Dhabi Grand Prix, one of the most anticipated events in the international sporting calendar, from October 30 to November 1st, 2009.

• NBAD opens two new branches in Al Ain15 September 2009

  In line with its expansion plan to cover all strategic and remote locations in the UAE, National Bank of Abu Dhabi (NBAD) has announced the opening of two new branches (Cash Offices) in Mezyad and Al Maqam Municipalities in the Al Ain, taking to 89 the total number of the bank’s branches across the country.

• ifs School of Finance & NBAD sign a partnership agreement29 July 2009

  The ifs School of Finance and National Bank of Abu Dhabi (NBAD) today have signed a key partnership agreement to deliver the ifs Professional Diploma Programme in banking and finance for NBAD employees.

• NBAD supports “Dirham Wa Bas” Campaign21 July 2009

  National Bank of Abu Dhabi (NBAD) has pledged its full support of “Dirham Wa Bas” Campaign (One Dirham Only), launched by the Social Responsibility Fund at Ministry of Social Affairs, to raise funds for social care and development projects in the UAE.
  

• NBAD opens a new branch in Etihad Airways head office14 July 2009

  In line with its expansion plan to cover all strategic and growth locations in the UAE, National Bank of Abu Dhabi (NBAD) has announced today the opening of its new branch in Etihad Airways Head Office in Khalifa City, taking to 87 branches the total number of the bank’s branches across the country.

• NBAD appoints Operations Divisional Manager5 July 2009

  National Bank of Abu Dhabi (NBAD), The Number One Bank in the UAE, today announced the appointment of Mr. Nigel Carrington as Divisional Manager- Operations to further strengthen its operations.

• NBAD gains Superbrands status30 June 2009

  National Bank of Abu Dhabi (NBAD) has been recognized as a “Super Brand” by Superbrands, the independent authority and arbiter on branding, at an event held yesterday at the Intercontinental Hotel, Dubai Festival City.

• NBAD appoints a Head of Trade Finance in Europe1 June 2009

  National Bank of Abu Dhabi (NBAD), The Number One Bank in the UAE, TODAY announced the appointment of Mr. Jeff Fallon as head of trade finance for Europe to further strengthen its trade finance services.

• NBAD inaugurates Abu Dhabi National Islamic Finance (ADNIF)25 May 2009

  H.E. Nasser Ahmed Khalifa AlSowaidi, Chairman of National Bank of Abu Dhabi (NBAD), Board Members, Senior Management of the Bank, and a number of dignitaries and VIPs TODAY attended the inauguration of Abu Dhabi National Islamic Finance (ADNIF), the Islamic finance and banking arm of NBAD.

• NBAD ranked among world’s top safest banks13 May 2009

  National Bank of Abu Dhabi (NBAD), The Number One Bank in the UAE, has been ranked among top safest banks in the world by Global Finance.

• MOF & NBAD to launch G2 E-Dirham12 May 2009

  Ministry Of Finance and National Bank of Abu Dhabi (NBAD) have signed a memorandum of understanding (MOU) to launch the second generation of E-dirham (G2 E-Dirham).

• NBAD hosts a lecture on economic crisis10 May 2009

  National Bank of Abu Dhabi (NBAD), The Number One Bank in the UAE, will host a lecture on the current economic crisis - as part of its Awareness Sharing Knowledge (A.S.K.)” lecture series- on Sunday May 10th, 2009 at 7:30 PM at NBAD’s head office in Abu Dhabi.

• NBAD operating profits exceed AED 1 billion in first quarter28 April 2009

  National Bank of Abu Dhabi (NBAD) earned a net attributable profit of AED 770 million in the first quarter of 2009, 57% up compared with the fourth quarter of 2008.
  

• NBAD approves distribution of 30% cash dividends and 10% bonus shares11 March 2009

  At the ordinary Annual General Meeting (AGM) of the National Bank of Abu Dhabi (NBAD), held today in Abu Dhabi, shareholders approved the distribution of 30% cash dividend and 10% stock dividend to shareholders listed on the share register held with Abu Dhabi Securities Exchange (ADX) as at 22 March 2009.

• NBAD wins Best Local Bank award4 March 2009

  National Bank of Abu Dhabi (NBAD), the Number One Bank in the UAE, was awarded the Best Local Bank in the UAE Award from emeafinance, the prestigious publication.

• NBAD issues AED 4 billion notes to Government of Abu Dhabi4 February 2009

  On 4 February 2009, and in response to the Government of Abu Dhabi's initiative to inject additional capital into certain Abu Dhabi financial institutions, NATIONAL BANK OF ABU DHABI (NBAD) announced that it will issue Tier 1 capital notes to the Government of Abu Dhabi, with a principal amount of AED 4000 000 000 (the "Notes").

• NBAD’s record result bucks global trend2 February 2009

  The Board of Directors of National Bank of Abu Dhabi (NBAD) reviewed the full year results for 2008 and reported net profits of AED3019 million, a 20.5% increase on the AED2505 million achieved for 2007.

• NBAD’s Asset Management Group appoints a Senior Equity Analyst14 January 2009

  National Bank of Abu Dhabi (NBAD), The Number One Bank in the UAE, TODAY announced the appointment of Mr. Ali Soner Guney as a senior equity analyst to further strengthen its Asset Management Group’s team.

• NBAD wins UAE Banks Corporate Governance Award8 January 2009

  National Bank of Abu Dhabi (NBAD), The Number One Bank in the UAE, was awarded the UAE Banks Corporate Governance Award in the category of Overall Corporate Governance Structure.

• New card ensures control of finances and spending at all times24 December 2008

  National Bank of Abu Dhabi (NBAD), the number one bank in the UAE, has launched today a new prepaid card in partnership with Visa.

• NBAD: Keen to attract & retain best talents22 December 2008

  National Bank of Abu Dhabi (NBAD), The Number One Bank in the UAE, honored 2235 years of banking experiences by hosting a ceremony to award 93 members of its veteran staff.

• NBAD’s Asset Management Group appoints Associate Fund Manager18 December 2008

  National Bank of Abu Dhabi (NBAD), The Number One Bank in the UAE, TODAY announced the appointment of Mr. Zeki Muderrisoglu as an Associate Fund Manager to further strengthen its Asset Management Group.
  

• NBAD & Evans Randall sign MoU to provide mezzanine investments in European real estate16 December 2008

  National Bank of Abu Dhabi (NBAD) and Evans Randall, a London- based investment banking and private equity group specialising in alternative assets, have signed a memorandum of understanding to form a joint venture to provide mezzanine investments in European real estate.