About National Bank of Abu Dhabi Organization National Bank of - TopicsExpress

About National Bank of Abu Dhabi Organization National Bank of Abu Dhabi (NBAD) (Arabic: بنك أبوظبي الوطني) is a bank operating in the United Arab Emirates. NBAD is the largest lender bank in the Emirate of Abu Dhabi and the second largest lender in the United Arab Emirates. NBAD, traded under the stock ticker NBAD in the Abu Dhabi Securities Exchange, has the largest market capitalization among UAE banks. NBAD has regional presence in Kuala Lumpur, Hong Kong and a representative office in Shanghai, China. The bank also has plans to expand to the South Korean market to expand its presence in Asia. In October 2012, the bank announced that it is planning to triple its contribution from Islamic banking by introducing sharia-compliant services in Egypt, Oman and Malaysia. NBAD was founded in 1968.

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