Arab Today, arab today nbad named safest bank in middle east
Last Updated : GMT 22:35:30
Arab Today, arab today
Arab Today, arab today

NBAD named safest bank in Middle East

Arab Today, arab today

Arab Today, arab today NBAD named safest bank in Middle East

Abu Dhabi - WAM

The National Bank of Abu Dhabi (NBAD) has been ranked for the fourth consecutive year one of the ‘World’s 50 Safest Banks’ and the safest bank in the Middle East by Global Finance magazine. “We are proud to be recognised as one of World’s 50 Safest Banks and to be listed as the safest bank in the Middle East and the UAE,” said Michael Tomalin, the Group Chief Executive of National Bank of Abu Dhabi. “This recognition reflects National Bank of Abu Dhabi’s solid strategy and the prudent risk management it has adopted during the market instability. It also confirms NBAD’s robust management and its strong financial position over the years.” The world’s 50 safest banks were selected through a comparison of the long-term credit ratings and total assets of the 500 largest banks around the world. Ratings from Moody’s, Standard ‘&’ Poor’s and Fitch were used. NBAD is rated senior long term/short term A+/A-1 by Standard and Poor’s, Aa3/P1 by Moody’s and AA/F1+ by Fitch. Recently, Standard ‘&’ Poor’s has raised its assessment of NBAD’s capital and earnings to “very strong”, and the Bank’s stand-alone credit profile (SACP) to ‘a’ from ‘a-’ giving it one of the strongest combined rating of any Middle Eastern financial institution. National Bank of Abu Dhabi 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 capitalisation among UAE banks. National Bank of Abu Dhabi was founded in 1968. NBAD Sponsored as the Official Bank of the 2010 Abu Dhabi Grand Prix, one of the most anticipated events in the international sporting calendar.  National Bank of Abu Dhabi was also the Official Bank of 2009 and 2011 Abu Dhabi Grand Prix. From gulftoday

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today nbad named safest bank in middle east Arab Today, arab today nbad named safest bank in middle east

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today nbad named safest bank in middle east Arab Today, arab today nbad named safest bank in middle east

 



Arab Today, arab today
Arab Today, arab today Youssra depended on colored foam

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
Arab Today, arab today Sheraton Grand Hotel reveals its deals

GMT 12:20 2017 Monday ,25 September

Sheraton Grand Hotel reveals its deals
Arab Today, arab today Etiquette expert underlines importance of gifts

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts
Arab Today, arab today Iraq Kurds in historic independence vote

GMT 15:20 2017 Monday ,25 September

Iraq Kurds in historic independence vote
Arab Today, arab today North Korea 'more opaque'

GMT 10:50 2017 Sunday ,24 September

North Korea 'more opaque'
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Ministry seeks to improve education

GMT 14:49 2017 Sunday ,17 September

Ministry seeks to improve education
Arab Today, arab today 'Lady Beast' fights for girl gamers

GMT 10:27 2017 Sunday ,24 September

'Lady Beast' fights for girl gamers
Arab Today, arab today Conditions growing dire    

GMT 09:22 2017 Monday ,25 September

Conditions growing dire    
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Chevrolet's first 9-speed auto debuts

GMT 18:58 2017 Monday ,25 September

Chevrolet's first 9-speed auto debuts
Arab Today, arab today Third generation adds more power

GMT 13:40 2017 Sunday ,24 September

Third generation adds more power
Arab Today, arab today Lebleba is preoccupied in filming 'Back Street'

GMT 08:56 2017 Thursday ,21 September

Lebleba is preoccupied in filming 'Back Street'
Arab Today, arab today Psychologists help Mexico deal

GMT 05:05 2017 Sunday ,24 September

Psychologists help Mexico deal

GMT 08:59 2017 Wednesday ,20 September

Youssra prepares for launching her program

GMT 10:16 2017 Friday ,22 September

All eyes on May as she prepares

GMT 16:53 2017 Saturday ,02 September

Mai importance of gifts during Eid Al-Adha

GMT 20:10 2017 Saturday ,23 September

Big Western brands polluting oceans

GMT 10:46 2017 Saturday ,05 August

Nanis reveals simple ideas for home renovation

GMT 12:02 2017 Sunday ,24 September

Harry visits mental health hospital

GMT 11:11 2017 Sunday ,24 September

The dark side of new tourism hope

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 12:46 2017 Thursday ,21 September

Google likely to buy stake in Taiwan smartphone maker HTC

GMT 11:37 2017 Saturday ,12 August

Fashion designer reveals her new collection
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday