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The National Bank of Abu Dhabi (NBAD), the number one bank in the UAE, is the Official Bank of 2011 Formula 1 Etihad Airways Abu Dhabi Grand Prix to be held on November 11th, 12th, and 13th. This is the third year in a row that Formula 1 returns to Abu Dhabi and also the third time that NBAD is the official Bank of this most anticipated event in the international sporting calendar.
The state-of-the-art Yas Marina Circuit (YMC), of which NBAD is Official Founding Partner, is home to Abu Dhabi Formula 1 Grand Prix, and is rated as the best racing circuit in the world.
"NBAD is an integral fabric of Abu Dhabi; we are pleased and proud to support infrastructure developments and events that promote Abu Dhabi and the wider UAE," says Michael Tomalin, the Group Chief Executive of NBAD.
"This sponsorship further strengthens NBAD’s association with world class events and increases the Bank’s reach to the global audience in line with our international expansion."
Founded in 1968, NBAD has been playing significant and leading roles in the economic and social development of the UAE as well as fulfilling customers’ requirements. Over the last four decades, NBAD has contributed to the economic and social developments of the United Arab Emirates, enabling it to become one of the top emerging economies within a very short period of time.
NBAD has been ranked in 2009, 2010, and 2011 one of the World’s 50 Safest Banks and the Safest Bank in the Middle East.
NBAD operates in 13 countries across four continents giving it the largest international networks among UAE banks.
"Our sponsorship of Yas Marina Circuit confirms NBAD’s commitment to serving and building Abu Dhabi and the wider UAE by supporting milestones events and financing projects in different economic sectors to achieve Abu Dhabi Vision 2030," says Abdulla M.S. AbdulRaheem, the Senior General Manager, Chief Operating Officer of NBAD ."Last year’s successful hosting of Formula 1 Etihad Airways Abu Dhabi Grand Prix at the state-of-the-art Yas Marina Circuit confirmed that Abu Dhabi has arrived on the world stage."
He adds: "It also confirmed that Yas Marina Circuit will play an integral part in the development of Abu Dhabi as a leading international city with world class sporting and recreational facilities, and we are pleased to partner with Yas Marina Circuit as we share the same values and ambitions."
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