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Islamic Finance Briefing - Categorized | Banking, Performance more

NBAD online customers soar 56pct, net profits up 120pct

Posted on 15 April 2010

The National Bank of Abu Dhabi (NBAD)’s electronic banking services experienced a huge increase in number of users in 2009 and its net profits more than doubled within one year.

By the end of 2009, NBAD’s Internet Banking Unit (IBU) net profits rose 120%, the number of nbadOnline users jumped by 56%, transactional volume increased by 24%…………………………………Full Press Release: Source

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