United Arab Emirates Coins 1 Dirham 2003 National Bank of Abu Dhabi
Commemorative: Abu Dhabi National Bank 35th Anniversary
Obverse: Value.
Reverse: National Bank of Abu Dhabi Tower (National Bank of Abu Dhabi Headquarters) Bank building tower divide dates within circle.
Edge Description: Reeded.
Composition: Copper-Nickel.
Weight: 6.4000 g.
Diameter: 24 mm.
National Bank of Abu Dhabi
National Bank of Abu Dhabi (NBAD) 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 has the largest market capitalization among UAE banks.
NBAD’s Head Office is 1 NBAD Tower in Abu Dhabi, UAE. The Bank will build a new Head Office in Abu Dhabi’s Al Maryah Island, which will house the future Abu Dhabi Financial District.
NBAD’s line of businesses include a whole range of retail banking, corporate, wholesale and investment banking, wealth management and private banking; as well as Islamic banking, brokerage, property management and leasing.
NBAD plans to set up a regional financial base in India before the end of 2014 as part of its overseas expansion strategy, reported by media in May 2014.
NBAD has regional presence in Kuala Lumpur, Hong Kong and a representative office in Shanghai, China. The bank is also expanding 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 Oman and Malaysia.
At the start of 2014, NBAD's international branch, the largest among UAE banks, spanned across 17 countries in five continents, from the Far East to Americas.