In line with its strategy to expand in strategic locations, National Bank of Dubai (NBD) has announced the opening of its second branch in Abu Dhabi. The new branch will have the first Suhail and NBD securities office in the capital and aims to target high net worth individuals including existing and potential market investors.
The Al Khalidiya branch comes as a result of the increase in demand from the UAE Capital for NBD’s private, retail, commercial and corporate banking in addition to its full suite of financial services.
“The opening of our first Suhail and NBD Securities offices in Abu Dhabi is testament to National Bank of Dubai’s continuous efforts to expand its market share across the UAE in strategically important locations, no more so than in the nation’s Capital. With one of the highest per capita incomes in the world, Abu Dhabi is a key strategic market for us,” said Mr R. Douglas Dowie, Group Chief Executive, National Bank of Dubai, who inaugurated the branch.
Suhail, is NBD’s premier banking service and is offered exclusively to high net worth individuals providing personalized banking products to meet their financial requirements and to help grow their wealth. In addition Suhail also offers unparalleled service with dedicated Relationship Managers.
NBD Securities allows customers to buy and sell securities listed on the Dubai Financial Market and Abu Dhabi Securities Market by opening and operating personalized trading accounts.
The Al Khalidiya branch will offer a comprehensive range of services and products for individuals and businesses alike and extend the Bank’s commercial and financial operations throughout this key market.
The branch will open from 8:00am to 2:00 pm from Sunday to Thursday and is fully equipped with automated banking lobby which provides 24/7 access to NBD’s ATM and Cash Deposit Machine for the convenience of the banks’ customers.
National Bank of Dubai’s extensive branch network now includes 43 branches in the United Arab Emirates.
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