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Wednesday, November 11 - 2009

NBD steps-up Nationalisation efforts

  • United Arab Emirates: Wednesday, June 13 - 2007 at 12:27
  • PRESS RELEASE

National Bank of Dubai (NBD), recently celebrated the graduation of 9 PAL (Programme for Accelerated Learning) trainees who successfully completed the challenging 18 months graduate training programme.

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  • PAL (Programme for Accelerated Learning) graduates.
    PAL (Programme for Accelerated Learning) graduates.
This comes as part of NBD's ongoing efforts to develop and train talented UAE Nationals. Mr. Abdulshakoor Hussain Tahlak, Chief Manager International, NBD presented the graduates with certificates at a ceremony held to celebrate the occasion.

The successful graduates developed their skills and knowledge through direct reading as well as modules in Branch Banking, Management Development and Banking Products and Services combined with work placements and both on and off the job training.

"We are very proud of our achievements so far", said Husam Al Sayed, Head of Human Resources, National Bank of Dubai. "NBD's various training schemes have proved very successful and the future leaders of the Bank are hatching."

During the ceremony graduates expressed their gratitude to the National Bank of Dubai for giving them the opportunity to develop their skills and experience necessary for them to pursue a successful career in the Banking Industry.

"PAL trainees are equipped with the latest and world-class practices in the Banking industry. What differs our programme from others is the high standards that we adopted as benchmarks for the skills of our trainees. Successful candidates have passed a series of tests that enable them to face the most challenging tasks they may face in their future careers. NBD is committed to continue its drive to nurture and develop young National Talent meeting the bank's Nationalisation strategy", Al Sayed added.

PAL is the first programme of its kind in the UAE that enables UAE Nationals to take part in a comprehensive, in depth programme for personal and professional growth. PAL puts recent graduates through a rigorous 18-month training course to gain the skills and knowledge to perform supervisory or managerial roles and become leaders within their areas of expertise.
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About National Bank of Dubai

Founded in 1963, National Bank of Dubai is the oldest, locally incorporated bank in the Southern Gulf. Known as the bank with a performance that is second-to-none, NBD has built a reputation of stability and strength much appreciated by shareholders and customers alike. Recognizing this leading performance, NBD has been awarded with the Dubai Quality Award for the year 2005.

Offering diversified financial services, NBD is a leader in corporate banking. Its portfolio covers a wide range of services including transport, real estate, construction, manufacturing, tourism and service industries throughout the region. In addition, NBD's 'Private Office' provides private banking services, offering highly tailored solutions to preserve and protect the personal wealth of its customers. Along with supplying customers with a variety of exclusive service based products, secured facilities, Credit Cards, personal loans, , auto loans and home loans, National Bank of Dubai also offers a variety of treasury products and services, advising customers on exchange markets and interest rate outlook. NBD, also launched Suhail Priority Banking Services, a premier banking service offering customers personalized relationship management and a host of exclusive products and services. Furthermore, NBD offers customers automated banking services, which consist of an internet service (NBD Online), a telebanking facility (NBD Telebank), an SMS based service (NBD Mobile) and an online brokerage trading in UAE shares through its subsidiary, NBD Securities.

NBD also recently established NBD Investment Bank which is its' investment arm operating from DIFC.

With a comprehensive card portfolio that provides an array of benefits, NBD has, over the years, built a wide ATM network as well as Point of Sale terminals in select locations throughout the UAE.

National Bank of Dubai currently has an extensive branch network that includes 41 branches throughout the UAE. In addition, NBD also has a branch in London and Qatar as well as a representative office in Tehran.

For more information, please contact:
Ramy Lawand
Executive PR
National Bank of Dubai
Tel: 04-2012204
Fax: 04-2210319

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