National Bank of Abu Dhabi

NBAD was founded in 1968, the emirate of Abu Dhabi's first bank.

NBAD was the first UAE bank to expand overseas opening a branch in 1975 in Cairo, Egypt In 1976 it expanded into Oman and Sudan, then in 1977 into the United Kingdom then France and then the United States of America in 1979. The bank's network expanded across five continents and 17 countries before its merger.

International network

NBAD expanded outside the UAE in 1975 with the launch of its branch in Egypt. Before its merger, NBAD had operated in 17 countries through branches, subsidiaries and representative offices. Overall, NBAD had nearly 60 branches and offices outside the UAE; Hong Kong, Malaysia (subsidiary), Oman, Bahrain, Kuwait, Jordan, Egypt, Sudan, Switzerland, through its subsidiary NBAD Private Bank (Suisse) SA, France, UK, the United States through its subsidiary Abu Dhabi International Bank. NBAD also had representative offices in Shanghai, China, São Paulo, Brazil, and Beirut, Lebanon. NBAD had said its growth strategy was based on expansion across the West-East Corridor, which it defined the area stretching from West of Africa to East of Asia. It had further said that it planned to build five international bank franchises across the West-East Corridor.

Structure and businesses

In 2013 NBAD Group restructured its business operations into three units:

1. Global Wholesale

2. Gulf Retail and Commercial,