National Bank of Abu Dhabi

The National Bank of Abu Dhabi (NBAD) provides conventional and Islamic commercial banking services including deposits, loans and credit cards; conventional and Islamic investment banking services including corporate finance and investment advisory on mergers and acquisitions, initial public offering and underwriting; the bank also provides conventional and Islamic asset management services including fund, wealth and portfolio management and private equity investments in various sectors.

The bank’s subsidiary, the Abu Dhabi Financial Services CompanyAbu Dhabi Financial Services Company (ADFSADFS) provides brokerage services and the Abu Dhabi National Islamic FinanceAbu Dhabi National Islamic Finance (ADNIFADNIF), another subsidiary, provides Shariah-compliant commercial and personal lending as well as financing.

With total assets of AED211.43 billion (USD57.55 billion), in 2010, NBAD ranked as one of the top banks in the UAE, in terms of assets. Its total revenues increased by 45.99% to AED9.29 billion (USD2.53 billion) and net income increased by 21.96% to AED3.68 billion (USD1 billion), in 2010.