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Thursday, December 3 - 2009

National Bank of Abu Dhabi opens its 90th branch in UAE

  • United Arab Emirates: Monday, September 28 - 2009 at 09:31
  • PRESS RELEASE

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.

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  • NBAD's new branch in Al Nahda.
    NBAD's new branch in Al Nahda.
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 Al Nahda will offer customers access to all of the bank's competitive and innovative products and services.

Mr. Saif Al Shehhi, Senior General Manager of NBAD's Domestic Banking Division, said:
"The opening of our branch in Al Nahda 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 90th branch in our network in the UAE comes in realization of the NBAD's strategy aiming at opening more branches in prime and remote locations to ensure that our services and products are available and readily accessible to all our clients."


"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. John Malouf, General Manager of Consumer Banking Group at NBAD.

"The new branch, which will be run by professional and experienced talents, 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 further expand our network by opening new branches and installing ATMs in the northern emirates and all over the UAE in the near future. The new branch will provide its services to the residents of Al Nahda and neighboring areas," Mr. Malouf concluded.

NBAD's new branch in Al Nahda will open from 8:00am to 1:30 pm from Sunday to Thursday and from 8:00 am to 12:00 pm on Saturday. 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 90 branches and over 300 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 90 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 over 300 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, Libya, 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. NBAD was recently awarded the prestigious the 'Best Bank in UAE 2009' from Euromoney, 'UAE Corporate Governance Award' by Hawkamah, Institute of Corporate Governance, the Human Resources Development Award in Banking Sector from Emirates Institute of Banking & Finance Sector, the Mohammed Bin Rashid Al Maktoum Business Award, 'Best Bank in UAE' from emeafinance, and Best Personal Loan in product category by The Banker Middle East publications. In previous years, NBAD has also won other prestigious awards such as the Sheikh Khalifa Gold 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 '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.

The bank has been recognized as a "Super Brand" by Superbrands, the independent authority and arbiter on branding.

For further enquires, please contact:

Ehab Khairi Hassan
Media & PR Manager
National Bank of Abu Dhabi
Tel: +97126111190

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