National Bank of Abu Dhabi
| Name | National Bank of Abu Dhabi | |
| Sector | Finance & Insurance - Commercial Banks | |
| Trading | ADX | |
| RIC Code | NBAD.AD | |
| Location | UAE |
Profile and Background
NBAD was established in 1968 in Abu Dhabi as a commercial bank and has since expanded its operations both in terms of geographic coverage and scope of activities. With 58 branches across the UAE and 120 ATMs, the bank has the largest branch network and is considered the largest bank in the country in terms of assets, deposits, as well as net earnings.
In 1999 the bank's management implemented a strategy to expand into retail banking which in turn allowed the bank's net interest margins to expand as its retail loan base expanded. NBAD is also regarded highly as a lead arranger in project finance deals among all banks in the UAE as well as the largest ten banks in the GCC.
NBAD also has an extensive regional and international network operating a subsidiary company, Abu Dhabi International Bank, with twelve branches in Egypt, as well as branches in Bahrain, Oman, Sudan, France, the UK and the US.
In 1999 the bank's management implemented a strategy to expand into retail banking which in turn allowed the bank's net interest margins to expand as its retail loan base expanded. NBAD is also regarded highly as a lead arranger in project finance deals among all banks in the UAE as well as the largest ten banks in the GCC.
NBAD also has an extensive regional and international network operating a subsidiary company, Abu Dhabi International Bank, with twelve branches in Egypt, as well as branches in Bahrain, Oman, Sudan, France, the UK and the US.
Shareholding Groups
| Individuals | N/A |
| Institutions | N/A |
| Floating | N/A |
| Government | 73% |
Board Members (Listed in alphabetical order)
| Director | Ahmed Ateeq Al Mazrouei |
| Director | Faraj Ali Hamoodah |
| Vice Chairman | H.E. Khalaf Bin Ahmed Al Otaiba |
| Director | Hamil Khadem Al Ghaith |
| Director | Jauan Salem Dhahiri |
| Director | Mohammed Bin Brook |
| Chairman | Mohammed Habroush Al Suwaidi |
| Director | Mohammed Joaan Al Badi |
| Director | Mohammed Khalifa Al Youssef Al Suweidi |
| Director | Obaid Saif Al Nasseri |
| Director | Rahma Al Masaood |
| Director | Sheikh Ahmed Mohamed Al Dhahiri |
| Director | Sultan Rashid Dhahiri |
Stock Performance
Market Information
| Stock | UAE Index | |
| Last Closing | AED 21.45 | 5063.31 |
| YTD % | 12.813% | -0.29% |
| Weekly % | -0.233% | -1.92% |
| Year High | AED 21.95 | 5418.77 |
| Year Low | AED 18.39 | 4472.14 |
| 52 Week High | AED 21.95 | 5418.77 |
| 52 Week Low | AED 14.91 | 3504.54 |
| BETA | 1.7493 | |
| Outstanding Shares | 1,920,739,637 | |
| Market Cap | AED 41,199,865,214 | |
| Market Cap in $ | USD $11,216,952,141 | |
| % of UAE Market | 4.87% | |
| % of Sector | 14.12% | |
| Rank by Cap | 6 |
Key Figures in '000 AED
| 2006 | 2004 | 2003 | |
| Total Assets | 83,660,760 | 56,331,421 | 43,622,679 |
| Shareholder's Equity | 7,323,989 | 4,808,199 | 4,054,473 |
| NIAT | N/A | 1,137,432 | 805,226 |
| Dividends | 489,632 | 376,640 | 329,560 |
Financial Ratios
| 2006 | 2004 | 2003 | |
| Assets Growth | 48.52% | 29.13% | 11.72% |
| Earning Growth | -100.00% | 41.26% | 23.09% |
| ROaA | 0.00% | 2.28% | 1.95% |
| ROaE | 0.00% | 25.67% | 21.12% |
| No. Of Shares | 1,224,080,000 | 94,160,000 | 94,160,000 |
| EPS | 0.00 | 12.08 | 8.55 |
| EPS Growth | N/A | 41.26% | 23.09% |
| Payout Ratio | 33.113 | 40.928 |
Valuation Ratios
| Trailing | |
| PE | 0.00 |
| PB | |
| DVPS | N/A |
| Div Yield | N/A |
| EV | 28,153,840.00 |
| EV/Equity | 3.84 |

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