NBAD named Best Private Bank

Press release
Published November 25th, 2013 - 08:43 GMT
Hani AlNabulsi, Head of Business Development & Marketing in Private Banking at NBAD receives “Best Private Bank in UAE for 2013” award from Yuri Bender, Editor of Professional Wealth Management Magazine
Hani AlNabulsi, Head of Business Development & Marketing in Private Banking at NBAD receives “Best Private Bank in UAE for 2013” award from Yuri Bender, Editor of Professional Wealth Management Magazine

The National Bank of Abu Dhabi (NBAD has for the second year running been voted the Best Private Bank in the UAE by judges at The Banker & Professional Wealth Management Magazine at the 5th Annual Global Private Banking Awards.

The Global Private Banking Awards recognise and reward excellence in private banks from the Americas, Europe, Middle East and Asia according to qualitative and quantitative criteria.

Banks are judged both on their business performance and also on their approach to client relationship management and how they have adapted portfolio management, asset allocation and product strategy to meet investors’ changing needs. Staff development, due diligence and risk management are also key areas of evaluation.

“Being named the Best Private Bank in the UAE by this leading independent industry expert for the second consecutive year running is a clear indication of the service excellence and product innovation we deliver to our clients. The outstanding growth we have realised over the past years reflects our complete commitment to our clients.” said Ashraf Mazahreh, the Managing Director of Private Banking UAE at NBAD.

Mr. Mazahreh added: “NBAD Private Banking offers an integrated global value proposition through its teams of highly qualified private bankers and investment professionals located in the UAE, Switzerland and the United Kingdom. Our clients have full access to global financial markets, best of breed open architecture as well as our bespoke investment solutions.” 

“Our customers are at the center of all we do. Our daily focus is to help them grow by providing exceptional products and services,” said Mr. Mazahreh.

NBAD, ranked one of the World’s 50 Safest Bank since 2009, and the safest bank in the Middle East and Emerging Markets, offers a host of private banking investment options that include discretionary and advisory services, real estate financing , wealth planning, trust services and tailor-made solutions.

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