English Version - National Bank of Abu Dhabi
English Version - National Bank of Abu Dhabi
English Version - National Bank of Abu Dhabi
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NBAD at a Glance<br />
Listed on the <strong>Abu</strong> <strong>Dhabi</strong> Securities Exchange (ADX), <strong>National</strong> <strong>Bank</strong> <strong>of</strong> <strong>Abu</strong> <strong>Dhabi</strong> (NBAD) is an integral<br />
systemic bank <strong>of</strong> the United Arab Emirates (UAE) providing a full range <strong>of</strong> products and services to the UAE<br />
market. NBAD is the largest bank in <strong>Abu</strong> <strong>Dhabi</strong> and the second largest bank in the UAE in terms <strong>of</strong> assets.<br />
NBAD is one <strong>of</strong> the primary banks to the <strong>Abu</strong> <strong>Dhabi</strong> government and public sector companies. The<br />
<strong>Abu</strong> <strong>Dhabi</strong> government owns 70.5% <strong>of</strong> NBAD’s shares through its investment company, the <strong>Abu</strong> <strong>Dhabi</strong><br />
Investment Council (ADIC).<br />
It is the most internationally diversified bank among the UAE banks with <strong>of</strong>fices in Egypt, Oman, Bahrain,<br />
Kuwait, Libya, Sudan and Jordan in the MENA region, Hong Kong in the Far East, London, Paris, and<br />
Geneva in Europe and Washington D.C. in the USA. Its largest external market is Egypt where it operates<br />
as a full service bank with 27 branches. In Oman, the bank has eight branches providing a comprehensive<br />
range <strong>of</strong> services throughout the Sultanate.<br />
Since its inception in 1968, NBAD’s diversified earnings base has delivered a strong track record. This<br />
has been achieved through organic growth. The Group is differentiated by its strong franchise, skilled<br />
employees and long-serving management.<br />
Channel Islands<br />
UK<br />
France<br />
Switzerland<br />
NBAD employs 3,753 people in the UAE and 971 at its international operations worldwide.<br />
•<br />
Assets as at 31 December 2009 were AED 196.8 billion<br />
•<br />
Loans and advances to customers were AED 132.3 billion at 2009 year-end<br />
•<br />
Customer deposits were AED 121.2 billion as at 31 December 2009<br />
•<br />
Capital resources, enhanced by AED 4 billion Tier-I funds from government <strong>of</strong> <strong>Abu</strong> <strong>Dhabi</strong>, reached<br />
AED 23.3 bn by the end <strong>of</strong> the financial year. Including the UAE Ministry <strong>of</strong> Finance deposit which was<br />
converted to Tier-II capital in February 2010, capital resources were AED 28,9 billion.<br />
•<br />
The <strong>Bank</strong>’s Basel-II capital adequacy ratio (before the conversion <strong>of</strong> the UAE Ministry <strong>of</strong> Finance<br />
deposit) at end <strong>of</strong> 2009 was 17.4% (Tier-I at 14.9%)<br />
USA<br />
Libya<br />
Egypt<br />
Sudan<br />
Jordan<br />
Kuwait<br />
Bahrain<br />
UAE<br />
Oman<br />
Hong Kong<br />
Our operating footprint<br />
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