The National Bank of Abu Dhabi (NBAD) has been represented in London since 1977. The London office is the hub of NBAD regional activities in Europe and forms a key element of the Banks International Division.
NBAD London Branch is Authorised by the Prudential Regulation Authority. Subject to regulation by the Financial Conduct Authority and limited regulation by the Prudential Regulation Authority. Details about the extent of our regulation by the Prudential Regulation Authority are available from us on request.
Products and Services:
- Private Banking Department
- Trade Finance Department
- Corporate Banking Department
- Treasury Department
Private Banking Department
Provides highly personalised private banking services for high net worth clients from the UAE, Gulf region and NBAD Global branch network offering range of retail and personal banking services.
The department also provides an extensive property finance service covering both residential and commercial properties for owner occupier, investment or development purposes calling upon its extensive knowledge and wealth of experience gained over many years in the prime London and U.K. property market.
Trade Finance Department
Provides range of traditional and bespoke Trade Finance products for exporter and importer clients in the UK and Europe. These products include the issuance, advising, confirmation and discounting of various trade instruments such as letters of credit, bills of exchange, promissory notes and payment undertakings; back-to-back L/C facilities; receivables financing, silent confirmations and the provision of payment guarantees. In addition to the Gulf Region, our products and appetite are able to support our clients’ trade activities in all regions throughout the world.
Corporate Banking Department
Undertakes relationship coverage for a diverse and growing portfolio of UK and Northern European multi-national corporate clients.
In support of its clients trading activity it provides, in conjunction with product specialists, finance solutions including Contract Bonding (issuance of bid/tender, advance payment, performance, warranty and offset bonds and guarantees), Standby Letters of Credit, Syndicated and Bilateral revolving credit and term loans, deposits, derivatives (Interest rate, currency and commodity hedging) as well as regional advisory services.
Provides a range of products and services to Banks, Non-Bank Financial Institutions, Corporate and Private clients for all major currencies, AED and other tradable GCC currencies.