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NBAD opens its 80th branch in UAE

In line with its expansion plan to cover all strategic locations in the UAE, National Bank of Abu Dhabi (NBAD) has announced today the opening of its new branch in Dubai Internet City, taking to 80 the total number of the bank's branches across the country.

  • United Arab Emirates: Monday, August 25 - 2008 at 09:01
  • PRESS RELEASE


Mr. Abdulla Ghobash, NBAD's Regional Manager in the Northern Emirates (Right) inaugurates the branch in the presence of Mr. Ahmed Obaid, Branch Manger of Dubai Internet City.
Mr. Abdulla Ghobash, NBAD's Regional Manager in the Northern Emirates (Right) inaugurates the branch in the presence of Mr. Ahmed Obaid, Branch Manger of Dubai Internet City.


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The new branch has been strategically located to provide easy access for NBAD's wide and growing customer base in various areas, and has been outfitted with state-of-the-art technologies enabling it to provide even more efficient, effective services to the bank's customers. NBAD's branch in Dubai Internet City will offer customers access to all of the bank's competitive and innovative products and services.

'The opening of our branch in Dubai Internet City will enable us to offer comprehensive mix of innovative services and products for individuals and businesses alike and extend the bank's commercial and financial operations throughout the country. The opening of the 80th branch in our network in the UAE comes in realization of the NBAD's strategy aiming at opening more branches and in prime locations to ensure that our services and products available and readily accessible to all our clients,'


said Mr. Saif Al Shehhi, Senior General Manager of NBAD's Domestic Banking Division.

'Since its inception in 1968, NBAD has been playing significant and leading roles in the economic and social development of the UAE, and our achievements in the last 40 years encourage us even further to leave no stone unturned in meeting and surpassing the expectations of our valued customers,' Mr. Al Shehhi confirmed.

He added, 'NBAD continues to provide its services all over the UAE for ensuring innovative, efficient, secure, and convenient products and services to its customers,' said Mr. Abdulla Ghobash, NBAD's Regional Manager in the Northern Emirates after inaugurating the branch in the presence of Mr. Ahmed Obaid, Branch Manger of Dubai Internet City, senior executives, and other staff.'

'The new branch, which is a valuable addition to NBAD's branch network endeavoring to keep pace with the international standards and trends for providing its customers with innovative, customer-oriented products and services,' he added.

'We are planning to open new branches and installing ATMS in Dubai and Northern Emirates. The new branch will provide its services to the residents of neighboring suburbs and developments in Dubai too,' Mr. Ghobash concluded.

NBAD's new branch in Dubai Internet City will open from 8:00am to 2:00 pm from Saturday to Thursday. The branch is fully equipped and is capable of providing various retail and corporate banking services. It is also provides 24/7 access to NBAD's ATM and Cash Deposit Machine for the convenience of the banks' customers.

NBAD's extensive network now includes 80 branches and 214 ATMs in the United Arab Emirates. Besides brick & mortar branches, NBAD provides 24 hour internet banking accessibility through NbadOnline and NbadDirect, as well as account access and personalized customer support through the 24-hour Call Centre. The bank provides its customers with a wide variety of financial services targeting all segments of the retail and corporate market, in addition to fund management, brokerage, leasing, property management businesses and private banking.




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Notes and media contacts

About NBAD:

The National Bank of Abu Dhabi (NBAD), The Number One Bank in the UAE, was incorporated in 1968. NBAD has a network of 80 branches in the UAE in addition to Cash offices that are spread out at remote locations to provide banking services to customers stationed at offshore oil operations and in desert locations as well as other government organizations. NBAD also has three Shift offices inside the security areas of the Abu Dhabi International Airport providing currency & traveler's cheques exchange services.
The branch network is widened further with 214 ATMs through which customers perform a variety of transactions.

Besides brick & mortar branches, NBAD provides 24 hour internet banking accessibility through NbadOnline and NbadDirect, as well as account access and personalized customer support through the 24-hour Call Centre.

NBAD's overseas network stretches from Oman, Kuwait, and Bahrain in the G.C.C., Egypt and Sudan in Africa, London, Paris, and Geneva in Europe to Washington D.C. in the U.S.A.
The bank provides its customer with a wide variety of financial services targeted at all segments of the retail and corporate market in addition to fund management, brokerage, leasing, property management businesses and private banking.

NBAD is rated senior long term/short term A+/A-1 by Standard and Poor's, Aa3/P1 by Moodys and AA-/F1+ by Fitch giving one of the strongest combined rating of any Middle Eastern financial institution.

NBAD is an award winning leader in the UAE and GCC financial services industry. Awards won by the bank include the Middle East Excellence Award 2008, the Mohamed Bin Rashid Al Maktoum Business Award 2007, the Sheikh Khalifa Excellence Award, Dubai Quality Award, 'Best Bank in UAE' from Euromoney and Banker publications, 'Human Resources Development Award' from the Emirates Institute for Banking & Financial Studies, 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.

For further information, please contact:

Ehab Khairi
Media & PR Manager
National Bank of Abu Dhabi
Tel: +97126111190
Siba Sami Ammari Posted by Siba Sami Ammari
Monday, August 25 - 2008 at 09:01 UAE local time (GMT+4)

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