NBAD expands operations across UAE

The National Bank of Abu Dhabi (NBAD), has launched its first Business Banking Centre in Ras Al Khaimah, in its ongoing strategy to expand its exclusive services to Small and Medium Enterprises (SMEs). The new Business Banking Centre is strategically located in Ras Al Khaimah Free Trade Zone (RAK FTZ) and follows NBAD’s recent launch of Business Banking Centre in Deira, Dubai. “The new dedicated centre serves as one stop-shop for SME owners. It offers range of financial and banking solutions to meet businesses needs and requirements along with excellent features and benefits,” said Haitham Al Refaie, the Head of Business Banking Group at NBAD. The total number of SME accounts in the first quarter of 2012 was 21,146 and this centre will meet the increasing demand for SME banking services through providing more access to our clients, he added. NBAD has opened four Business Banking Centres in Abu Dhabi, four in Dubai, and one each in Al Ain, and Sharjah. From:Gulftoday