emirates post issues stamps on 40th anniversary of nbad
Emirates Post has issued a set of commemorative stamps to mark the 40th anniversary of National Bank of Abu Dhabi (NBAD), the Number One Bank in the UAE.
The stamps, issued in denominations of AED 1, 150 Fils, 225 Fils and AED 4, are available at all post offices in the UAE. In addition, First Day Covers of Dh. 9.75 each, are available at the philatelic counters of Karama, Deira and Abu Dhabi post offices.
“National Bank of Abu Dhabi has played a key role in the overall development of the country by offering good banking and financial services to the people and corporate customers,” said Ibrahim Bin Karam, CEO of Emirates Post. “The bank has also served the society by supporting social, environmental and humanitarian causes in the UAE and other countries. We are proud to salute the bank with these stamps.”
Mr. Abdullah Mohammed Saleh Abdul Raheem, Senior General Manager and Group Chief Operating Officer of NBAD, said: “We appreciate Emirates Post’s gesture in acknowledging the contribution of National Bank of Abu Dhabi through these stamps. It has been a momentous journey for us, as we have transformed from a local bank into a leading banking corporation with regional and international operations.”
NBAD has a network of 77 branches in the UAE, in addition to cash offices spread out at remote locations to provide banking services at offshore oil installation and in desert locations as well as other government organizations. NBAD also has three shift offices inside the security areas of the Abu Dhabi International Airport providing currency & traveler’s cheques exchange services. The branch network is widened further with 193 ATMs.
NBAD’s overseas network stretches from Oman, Kuwait, and Bahrain in the GCC, Egypt and Sudan in Africa, London, Paris, and Geneva in Europe to Washington D.C. in the U.S.A.
The bank is organized into various client-focused businesses, which include the UAE Domestic bank, investment banking group, financial markets group, asset management group, the International business, NBAD Private Bank (Suisse) SA, as well as the Bank’s wholly owned subsidiaries - Abu Dhabi Financial Services (ADFS), Abu Dhabi National Leasing Company (ADNL) and Abu Dhabi National Islamic Finance (ADNIF).
NBAD is rated senior long term/short term A+/A-1 by Standard and Poor’s, Aa3/P1 by Moodys and AA-/F1+ by Fitch giving one of the strongest combined rating of any Middle Eastern financial institution.
NBAD is an award winning leader in the UAE and GCC financial services industry. Awards won by the bank include ‘Best Bank in UAE’ from Euromoney and Banker publications, the Sheikh Khalifa Gold Award, the Dubai Quality Award,’ Human Resources Development Award’ from the Emirates Institute for Banking & Financial Studies, the ‘Middle East e-Banking Country Award’, the ‘Outstanding use of IT in Financial Services Award, and the excellence award for ‘Best use of Technology’ from Banker Middle East.
