In assigning the Prime-1 rating, we have also assessed the extent to which NBAD
has access to liquidity facilities that can provide the bank with same-day liquidity in times of stress.
Under its new strategy, NBAD
will develop its SME cluster, targeting exporters and introducing community banking to serve non-borrowing clients.
This recognition is the result of the tireless efforts of our team, and we will continue our commitment to deliver groundbreaking and competitive investment products that address the market's needs," stated Claude-Henri Chavanon, Managing Director & Head of Global Asset Management at NBAD
established the subsidiary in Curacao in 1979 as Abu Dhabi International Bank NV, and launched a federal branch in the US capital, Washington, DC, in 1981.
Stars are loyalty points earned by the Bank's credit card holders every time they use their credit cards to make a purchase.
would also provide tutorial, seminar expertise and lecturing to Sorbonne University.
The National Bank of Abu Dhabi (NBAD
), the Number One Bank in the UAE, has awarded a total of US$60,000 (AED 220,386) to three winners of the NBAD
MasterCard Cross Border Usage campaign.
Alex Thursby, NBAD
's Group Chief Executive Officer, said, As the largest bank in the UAE, NBAD
has a responsibility to support the growth of our nations economy.
is committed to facilitating the flow of capital into and from India through its network across the West-East Corridor.
MasterCard International Spend Campaign is a joint initiative between NBAD
For every six NBAD
Stars, cardholders will receive one Etihad Guest Mile.