INDUSTRY WATCH
ABOUT
National Bank of Abu Dhabi was
founded in 1968 by a decree of the late
Sheikh Zayed Bin Sultan Al Nahyan,
the founder of the UAE. The bank is
rated senior long/short term AA-/A-1+
by S&P, Aa3/P1 by Moody’s, AA-/
F1+ by Fitch, A+ by R&I Japan and
AAA by RAM Malaysia, giving it one
of the strongest combined rating of
any global financial institution. Since
2009, NBAD has been ranked one of
the World’s 50 Safest Banks by Global
Finance magazine, which also ranked
NBAD the Safest Bank in the Emerging
Markets and Middle East. When the Abu
Dhabi Stock Market was founded, we
originated nearly 30% of its shares.
NBAD opened its first overseas branch
in Egypt in 1975, followed by further
expansion into Sudan and Oman the
following year. Before the decade
closed, NBAD had opened branches in
the UK and France and commenced its
American operations in Washington,
D.C. The Hong Kong office was
established in 2009 with Malaysia and
South America added in 2012 and 2013
respectively.
Today, NBAD has a global presence in
17 countries and overseas territories,
spanning five continents: China, Hong
Kong, Malaysia, India, Oman, the UAE,
Kuwait, Bahrain, Jordan, Lebanon,
Egypt, Sudan, France, Switzerland, the
UK, USA and Brazil.
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