What is the Full Form of NBAD ?
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National Bank of Abu Dhabi - National Bank of Abu Dhabi (NBAD) was a bank working in the Unified Bedouin Emirates (UAE) until it converged with the Principal Bay Bank in December 2016 to shape First Abu Dhabi Bank. NBAD was the biggest moneylender bank in the Emirate of Abu Dhabi and in the Assembled Middle Easterner Emirates. NBAD had the biggest market capitalization among UAE banks.NBAD's line of organizations incorporated an entire scope of retail banking, corporate, discount and speculation banking, abundance the executives and confidential banking; as well as Islamic banking, business, property the board and leasing.In 2015 NBAD set up a provincial monetary base in India as a component of its abroad extension strategy,NBAD had territorial presence in Kuala Lumpur, Hong Kong and a delegate office in Shanghai, China. The bank was additionally extending toward the South Korean market to grow its presence in Asia. In October 2012, the bank reported that it is wanting to significantly increase its commitment from Islamic banking by presenting sharia-consistent administrations in Oman and Malaysia.NBAD's worldwide branch organization, the biggest among UAE banks, spread over across 17 nations in five mainlands, from the Far East to Americas.In December 2016, investors supported the bank's arrangements to converge with the Primary Bay Bank (FGB) and the two banks settled the second-level administration by February 2017. The arrangement to blend the banks, which was first reported in June 2016, will be executed through an offer trade, with FGB investors getting 1.254 NBAD shares for each FGB share they hold. The combined substance is presently known as First Abu Dhabi Bank and is as of now the biggest bank in the Center East and North Africa.