| 30 Aug 2010 |
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NBAD Sponsors Global Arab Business Meeting in RAK
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Abu Dhabi: The National Bank of Abu Dhabi (NBAD)The National Bank of Abu Dhabi (NBAD)
, the Number One Bank in the UAE, will sponsor the Global Arab Business Meeting to be held in Ras Al Khaimah September 26 and 27, 2010.The Meeting aims to be the foremost annual gathering of Arab business leaders and their global counterparts. The meeting shall help to conceptualise Arab firms' rise to global eminence. The event is open to CEOs of the world's leading companies.
The Global Arab Business Meeting, which is expected to draw about 300 business leaders from the Arab world and beyond, is co-hosted by RAK Investment Authority (RAKIA) and Horasis, a Swiss organisation based in Geneva.
"We are pleased and proud to support this forum to help Arab companies increase their global outreach, influence and prestige," said Abdulla Ghobash, NBADNBAD's Regional Manager in the Northern Emirates. "NBADNBAD's strives to become the Number Arab Bank and to this end we facilitate the mechanism that would increase commerce in the Arab world and between the Arab world and the rest of the globe."
Initiating, organising and sponsoring platforms such as the Arab Business Meeting are a testament to NBADNBAD
's commitment to the development and progress of the United Arab Emirates and help increase the country's profile. "Since its inception in 1968, NBADNBAD has played a significant and leading role in the economic development of the UAE and other countries where we operate" said Mr. Ghobash. "Our aim is to bring world class leaders within the reach of the UAE community. Sponsoring the Global Arab Business Meeting is a direct link to one of NBADNBAD's corporate social responsibility objectives, to create a forum for knowledge-sharing and enlightenment".
NBADNBAD
's international network is the largest overseas network of all UAE local banks; It stretches from Hong Kong in the Far East; to Oman, Bahrain and Kuwait in the Gulf Co-operation Council ("GCC"); Jordan in the Levant; Egypt, Sudan, and Libya in Africa; the United Kingdom, Switzerland, and France in Europe; and Washington D.C. in the United States of America. Overall, NBADNBAD has nearly 50 branches and 60 ATMs outside the UAE.
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About NBAD
The National Bank of Abu Dhabi (NBAD)The National Bank of Abu Dhabi (NBAD), The Number One Bank in UAE, was incorporated in 1968 and is listed on the Abu Dhabi Securities Exchange (ADX), under stock code (NBADNBAD).
currently operates across 13 countries on four continents. NBADNBAD has a network of more than 100 branches in the UAE in addition to cash offices that are spread out in remote locations to provide banking services to customers all over the UAE.
The branch network is widened further with more than 370 ATMs through which customers perform a variety of transactions.
Besides brick & mortar branches, NBADNBAD provides 24 hour internet banking access through NbadOnline and NbadDirect, the SMS-based payment service (Arrow) as well as account access and personalised customer support through its 24-hour Call Centre.
NBADNBAD's overseas network stretches from Oman, Kuwait, and Bahrain in the G.C.C.; Egypt, Libya, and Sudan in Africa; UK, France, and Switzerland in Europe; Hong Kong and Jordan in Asia to Washington, D.C. in the U.S.A. Overall, NBADNBAD has nearly 50 branches and 60 ATMs outside the UAE.
NBADNBAD provides its customers with a wide variety of financial services targeting all segments of the consumer and corporate markets in addition to fund management, brokerage, financial markets, leasing, property management and private banking businesses.
The bank is organised into various client-focused divisions. They are the UAE Domestic Banking, International Banking, Financial Markets, Corporate and Investment Banking, Abu Dhabi National Islamic Finance (ADNIF), and Global Wealth comprising of Private Banking and Asset Management Group, and the wholly owned stock brokerage company Abu Dhabi Financial Services (ADFS). The Bank's wholly owned subsidiaries, Abu Dhabi National Leasing Company (ADNL) and Abu Dhabi National Properties (ADNP) are part of the Corporate and Investment Banking division.
NBADNBAD 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 it one of the strongest combined rating of any Middle Eastern financial institution.
Committed to the service of the UAE society, NBADNBAD has a written Corporate Social Responsibility Mission, which forms an important element of the Bank's overall strategy.
NBADNBAD is an award winning leader in the UAE and GCC financial services industry. In 2009, NBADNBAD won the prestigious UAE Corporate Governance Award by Hawkamah, Institute of Corporate Governance; the Human Resources Development Award in Banking Sector from Emirates Institute for Banking and Financial Studies; Best Bank in the UAE for the third time in the last 10 years from Euromoney; Retail Bank of the year from Arabian Business; Best Personal Loan in the Middle East from Bankers Middle East; Best Local Bank in the UAE from emeafinance; Deal of the year from Project Finance Magazine; Best Company for Investor Relations in the UAE from Middle East Investor Relations Society; Corporate Finance, Structured Finance & UAE Deal of the year from Islamic Finance News; and Strategic Banking Web Award from the Pan- Arab Web Academy.
The Bank was ranked in the World's 50 Safest Banks in 2009 by Global Finance and recognised as a superbrand by Superbrands, the independent authority and arbiter on branding.
In previous years, NBADNBAD has also won other prestigious awards such as the Sheikh Khalifa Gold Award, the Mohammed Bin Rashid Al Maktoum Business 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 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.
NBADNBAD, The Number One Bank in UAE, is poised for further growth in line with its Vision - To be the Number One Arab Bank.
For further enquires, please contact:
Ehab Khairi
Media & PR Manager
National Bank of Abu Dhabi
Tel: +97126111190
Mob: + 971508126799
Email: ehab.khairi@nbad.com
Web: www.nbad.com
© Press Release 2010
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