This article contains content that is written like an advertisement .(December 2016) |
Industry | Private banking and Trade Finance |
---|---|
Founded | 2007 in Geneva |
Headquarters | Geneva, Switzerland |
Products | Wealth Management and Trade Finance |
Website | http://www.nbadsuisse.ch |
NBAD Private Bank (Suisse) SA is a Swiss private bank located in the heart of Geneva. It provides private banking services for private clients. It is an independent and wholly owned subsidiary of the National Bank of Abu Dhabi Group (NBAD Group). [1]
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. It has one of the largest networks in the UAE, and its international network includes all areas of the world. [2] [3]
Since 2009, the bank has been ranked each year one of the World’s 50 Safest Banks by Global Finance magazine, the safest bank in the Middle East. It 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 and in 2012 the Best Private Bank in the UAE by the Banker. NBAD surpassed the US$1 billion net profits in 2010, becoming the first UAE bank to reach this milestone. [4] [5] [6] [7] [8] [9] [10] [11]
NBAD is rated senior long term/short term AA- by Standard & Poor's (S&P), [12] Aa3/P1 by Moody’s, AA-/F1+ by Fitch and A+ by Rating and Investment Information Inc (R&I) and AAA by RAM (Malaysia), 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. [13] [14] [15] [16]
NBAD Private Bank (Suisse) SA offers financial services in wealth management. [22] [23] [24]
The bank offers specialised counselling in the bonds and equities markets of the Gulf Cooperation Council (Saudi Arabia, Abu Dhabi, Bahrain, Kuwait, Qatar, Oman). [19]
The economy of the United Arab Emirates (UAE) is the 5th largest in the Middle East, with a gross domestic product (GDP) of US$503 billion in 2022.
Union Bank of Switzerland (UBS) was a Swiss investment bank and financial services company located in Switzerland. The bank, which at the time was the second largest bank in Switzerland, merged with Swiss Bank Corporation in 1998, to become UBS to form what was then the largest bank in Europe and the second largest bank in the World.
DBS Bank Limited, often known as DBS, is a Singaporean multinational banking and financial services corporation headquartered at the Marina Bay Financial Centre in the Marina Bay district of Singapore. The bank was previously known as The Development Bank of Singapore Limited, which "DBS" was derived from, before the present abbreviated name was adopted on 21 July 2003 to reflect its role as a global bank. It is one of the "Big Three" banks in Singapore, along with OCBC Bank and the United Overseas Bank (UOB).
Swiss Bank Corporation was a Swiss investment bank and financial services company located in Switzerland. Prior to its merger, the bank was the third largest in Switzerland with over CHF 300 billion of assets and CHF 11.7 billion of equity.
Credit Suisse Group AG is a global investment bank and financial services firm founded and based in Switzerland. Headquartered in Zürich, it maintains offices in all major financial centers around the world and provides services in investment banking, private banking, asset management, and shared services. It is known for strict bank–client confidentiality and banking secrecy. The Financial Stability Board considers it to be a global systemically important bank. Credit Suisse is also a primary dealer and Forex counterparty of the Federal Reserve in the United States.
Abdul Aziz Al Ghurair is an Emirati businessman. He is the chairman of Mashreq and a director of the Abdullah Al Ghurair Group of Companies, one of the largest business groups in the Middle East, with operations spanning more than 20 countries and business roots stretching back half a century. As of 2012, his net worth was estimated by Forbes to be US$2.9 billion. In 2015, Al Ghurair pledged one-third of his group's assets, about US$1.1 billion, to the Abdulla Al Ghurair Foundation for Education which seeks to support generations of Emirati and Arab youth by providing them the skills they need to become the future leaders of the region, contributing to the growth and development of their communities.
The Abu Dhabi Investment Authority is a sovereign wealth fund owned by the Emirate of Abu Dhabi founded for the purpose of investing funds on behalf of the Government of the Emirate of Abu Dhabi. It manages the Emirate's excess oil reserves and is estimated to manage $853 billion. ADIA is one of the largest sovereign wealth funds in the world.
FGB was the third largest bank by assets in the United Arab Emirates (UAE), until it merged with the National Bank of Abu Dhabi in December 2016 to form First Abu Dhabi Bank, creating the largest bank by assets in the UAE. Established in 1979, FGB is headquartered in the Emirate of Abu Dhabi. FGB offers a wide range of financial services in the wholesale, consumer and treasury banking sectors, including Islamic banking and bancassurance solutions for businesses and consumers via a network of branches across the UAE. Internationally, FGB has a branch in Singapore - that includes global wealth management services and a branch in Qatar, representative offices in London, India, Hong Kong and Seoul, South Korea, and a subsidiary in Libya.
Bank Alfalah Limited, formerly Habib Credit and Exchange Bank, is a Pakistani retail bank which is a subsidiary of the Emirati company Abu Dhabi United Group.
United Bank Limited (UBL) (یونائیٹڈ بینک لمیٹڈ) is a Pakistani multinational commercial bank which is based in Karachi, Pakistan. It is one of the largest banks in the Pakistani private sector, with over 1,400 branches across Pakistan, 19 branches overseas, and a customer base exceeding 4 million.
Bank Muscat is a financial services provider in the Sultanate of Oman providing corporate banking, retail banking, investment banking, treasury, private banking and asset management. The bank, with assets worth US$ 31.9 billion in 2018, has the largest network in Oman exceeding 150 branches.
Euromoney is an English-language monthly magazine focused on business and finance. First published in 1969, it is the flagship production of Euromoney Institutional Investor plc.
Union Bancaire Privée is a private bank and wealth management firm headquartered in Geneva. UBP is one of the largest private banks in Switzerland, and serves private and institutional clients. The bank was founded in 1969 by Edgar de Picciotto, and is one of the best-capitalized banks in Switzerland, with CHF 160.4 billion of assets under management.
UBS Group AG is a multinational investment bank and financial services company founded and based in Switzerland. Co-headquartered in the cities of Zürich and Basel, it maintains a presence in all major financial centres as the largest Swiss banking institution and the largest private bank in the world. UBS client services are known for their strict bank–client confidentiality and culture of banking secrecy. Because of the bank's large positions in the Americas, EMEA, and Asia Pacific markets, the Financial Stability Board considers it a global systemically important bank.
National Bank of Abu Dhabi (NBAD) was a bank operating in the United Arab Emirates (UAE) until it merged with the First Gulf Bank in December 2016 to form First Abu Dhabi Bank. NBAD was the largest lender bank in the Emirate of Abu Dhabi and in the United Arab Emirates. NBAD had the largest market capitalization among UAE banks.
Barclays is a British multinational universal bank, headquartered in London, England. Barclays operates as two divisions, Barclays UK and Barclays International, supported by a service company, Barclays Execution Services.
Hyposwiss Private Bank Ltd was a Swiss private bank, located in Zurich, that closed in 2013.
First Abu Dhabi Bank (FAB) is the largest bank in the United Arab Emirates. It was formed following a merger between First Gulf Bank (FGB) and National Bank of Abu Dhabi (NBAD).
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