Stamps mark 40th anniversary of NBAD
Dubai, February 19, 2008
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 Dh1.150 ($0.31), 225 fils and Dh4 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, said an official spokesman.
“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 CEO of Emirates Post Ibrahim Bin Karam.
“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.”
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 organisations.
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.
“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,” said senior general manager and group chief operating officer of NBAD Abdullah Mohammed Saleh Abdul Raheem.
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 US. – TradeArabia News Service
More Finance & Capital Market Stories
- Bahrain banking industry outlook 'positive'
- New India Assurance opens Bahrain branch
- Qatar sets up mixed business incubator
- Kuwait budget spending up 8pc in April-Jan
- Thomson Reuters to host Mena IFR awards
- ADIB offers smartphone industry investment
- Gulf Finance House to start $3bn Tunisia project
- KFH completes ICT project upgrade
- Egypt urban annual inflation slows to 9.8pc
- BIBF signs deal with Palestinian institute
- Bahrain’s GDP set to expand 12pc
- KFH-Bahrain rebrands priority banking
- Bank Nizwa wins top Islamic bank award
- Qatar labour costs may jump: IMF
- Kuwait Q3 trade surplus hits $23bn
- Dubai trade growth up 7.6pc to $362bn
- Deloitte appoints new managing director
- Al Ramz tops UAE trading in Feb
- IFC in $150m loan deal with Bank Audi
- SME funding focus for Abu Dhabi forum
- Insurance House posts second year of profit
- ETF global assets hit record $2.44 trillion
- Bahrain firms plan IPOs
- Serbia wins $1bn Abu Dhabi loan
- Key equity banker resigns from Saudi Fransi
- DMCC to boost Islamic commodity trade with tie-ups
- IDB, KIA units to invest in Morocco
- First Gulf to set up $1bn sukuk in Malaysia
- Singapore’s UOB Bullion and Futures joins DGCX
- Infrastructure investment ‘key to growth’