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| National Bank of Abu Dhabi (NBAD)
Funds under management (10) |
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| Stock Quote |
Fundamental Data |
Research Reports |
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| Establishment Date: |
13/02/1968 |
| Paid-Up Capital (AED): |
2,174,275,206 |
| Par Value Per Share (AED): |
1.00 |
| Treasury Stocks: |
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| Branches: |
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| No. of Employees: |
3666 |
| Major Shareholders |
Activity
The National Bank of Abu Dhabi (NBAD) was incorporated in 1968 to serve as banker to the United Arab Emirates government and the emirate of Abu Dhabi. It also fulfilled the role of the Central Bank till the formation of the currency board in 1975. NBAD is organized into three client-focused businesses. These are the UAE Domestic bank, the International business, and a UAE based Investment bank. NBAD's retail customer base is segmented into Retail, Elite and Private banking customers. The International Banking Division manages NBAD's Overseas Branch Network, Abu Dhabi International Group and Financial Institutions Group, and oversees 23 overseas units stretching from Oman and Bahrain in the GCC, Cairo and Khartoum in Africa, London and Paris in Europe to Washington D.C. in the U.S.A. Abu Dhabi Financial Services LLC is NBAD's wholly owned subsidiary which provides brokerage services in local and foreign equities, in addition to commodities trading and managing initial public offerings, and is currently the largest share brokerage in the UAE. |
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Subsidiaries, Associates & Joint Ventures |
| Company |
| Abu Dhabi Financial Services |
| Abu Dhabi Int'l Bank |
| Abu Dhabi National Leasing |
| NBAD Trust Co. (Jersey) Ltd. |
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more details
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| Corporate Announcements |
Company News |
| Net profit announced for the 9 months ending on 30/9/2009, AED 2.59 billion, an increase of 2.5%.
| 27/10/2009 |
| Net profit announced for the 1st Half of the year 2009, AED 1.68 billion, a decrease of 11%.
| 28/07/2009 |
| Net profit announced for the 1st Quarter of the year 2009, AED 770.46 million, a decrease of 12%. | 27/04/2009 |
| 30% cash dividend and 10% bonus shares approved for the year 2008. | 12/03/2009 |
| 20% cash dividend and 40% bonus shares announced for the year 2008. | 03/02/2009 |
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| Notes |
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| Key People |
Contacts |
| Chairman: |
Naser A. Al Suweidi |
| Vice Chairman: |
Jauan S. Al Dhahiri |
| General Manager: |
Abdullah M. S. Abdurraheem |
| Managing Director: |
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| CEO: |
Michael H. Tomalin |
| Board Members: |
Khalifa S. Al Suwaidi
Mohammad O. Abdulla
Sultan R. Al Dhahiri
Ahmed M. Al Dhahiri
David Beau
Hashim F. Al Kudsi
Sh. Mohammad S. M. Al Nahiyyan |
| Senior Management: |
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| Auditors: |
KPMG |
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Europe |
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All data at market close |
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