Major commercial bank in UAE

There are both Major foreign and major local banks in Dubai and the UAE ready to look after your money, or lend you someone else's money. All dirham lead back to the UAE Central Bank which governs and licences financial institutions in the UAE. Retail customers will usually head to one of the commercial banks or Islamic banks. There are two other types of bank categories - merchant or investment banks, and industrial banks. One of these local banks is National Bank Of AbuDhabi:

The National Bank of Abu Dhabi (NBAD), the Number One Bank in the UAE, was incorporated in 1968 and is listed in the Abu Dhabi Securities Exchange (ADX), under stock code NBAD

NBAD has one of the largest networks in the UAE with an expanding network of more than 120 branches and cash offices and 490 ATMs across the country. NBAD’s international network consists of 50 branches and 60 ATMs in 12 countries stretching across four continents from the Far East to North America, giving it the largest global network among all UAE banks.

Since 2009, NBAD has been ranked consecutive year one of the World’s 50 Safest Banks by the prestigious Global Finance magazine, making NBAD the safest bank in the Middle East. NBAD was also named in 2011 the Best Bank in the UAE for the third consecutive year and for the fifth time in a decade by Euromoney. NBAD surpassed the US$1 billion net profits in 2010, becoming the first UAE bank to reach this milestone.

NBAD is rated senior long term/short term A+/A-1 by Standard & Poor's (S&P), Aa3/P1 by Moody’s, AA-/F1+ by Fitch and A+ by Rating and Investment Information Inc (R&I), giving it one of the strongest combined rating of any Middle Eastern financial institution.

A comprehensive financial institution, NBAD offers a range of banking services including retail, investment and Islamic banking services.

NBAD grows strategically toward its Vision to be recognised as the World’s Best Arab Bank.