Abu Dhabi/ Ajman: The National Bank of Abu Dhabi (NBAD), the Number One Bank in the UAE, has expanded its Business Banking Centre network by launching a new facility in Ajman.
The launch of Ajman business banking centre is in line with NBAD's ongoing strategy to expand its exclusive services to small- and medium-sized enterprises (SMEs).
"NBAD recognises the role of SMEs in developing UAE's economy and endevours to provide entrepreneurs exclusive access to financial and banking services across the country," said Abdulla Al Otaiba, the Senior General Manager of the Domestic Banking Division of NBAD. "The new centre is well positioned to meet the needs of the SME customers in Ajman and neighboring Emirates and offers comprehensive banking solutions for their business."
The new Business Banking Centre is strategically located in Al Bustan, Ajman's commercial hub. It follows NBAD's recent launch of Business Banking Centre in Ras Al Khaimah Free Trade Zone (RAK FTZ), Ras Al Khaimah.
"NBAD's new business banking center is run by SME specialists and experienced talent who offer customers advisory services and provide them with the best tailored products and services that meet their needs and help them to grow," said Mr. Al Otaiba.
To support SMEs and facilitate their growth, NBAD launched several services for example E-Business Banking, NBAD Visa Business Credit Card, Vehicle Finance and Rent Finance. The Bank also signed a Memorandum of Understanding with various government entities such as Dubai SME, RAK FTZ, Abu Dhabi Chamber of Commerce and Industry and Dubai Chamber of Commerce and Industry. In addition, the Bank administers Khalifa Fund through its partnership with Khalifa Fund for Enterprise Development.
NBAD has opened four Business Banking Centres in Abu Dhabi, four in Dubai, and one each in Al Ain, Sharjah and Ras Al Khaimah.
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About 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 (NBAD). Ranked as one of the top 50 safest banks in the world since 2009, NBAD currently operates across 15 countries on four continents. NBAD has a network of 122 branches and more than 570 ATMs to provide banking services to customers all over the UAE. Besides brick & mortar branches, NBAD 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.
NBAD'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, shanghai- China, Malaysia, and Jordan in Asia to Washington, D.C. in the U.S.A.
NBAD provides its customers with a wide variety of financial services targeting all segments of the consumer and corporate markets.
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 it one of the strongest combined rating of any Middle Eastern financial institution.
For media enquiries, please contact:
Ehab Khairi
Media & PR Manager
National Bank of Abu Dhabi
Tel: +97126111190
Email: ehab.khairi@nbad.com
Web: www.nbad.com
© Press Release 2013
