NATIONAL BANK OF ABU DHABI POSTS INCOME RISE

Info-Prod Research (Middle East), February, 2004

According to Al-Bayan newspaper (February 8, 2004), the National Bank of Abu Dhabi reported Dh 805 million net profits last year compared with Dh 654 million in the previous year. The bank's total revenues rose to Dh 1.263 billion last year, up from Dh 1.107 billion in the previous. The National Bank of Abu Dhabi has come a long way since it was founded by the government in 1968, to become the Number One Bank in the UAE, in terms of total assets, deposits and branch network.

With the largest branches and ATMs network in the country, the bank been serving the people of the UAE, offering them premier financial services and wide ranging banking facilities.