We would like to invite you to continue a survey you have started. ...

Do you trust your insurer ?

Strongly agree
Strongly disagree
Insurance provides peace of mind
Insurance is purchased only when compulsory
Terms and Conditions (small print) are clear and easily accessible
Insurance jargon (language) stands in the way of fully understanding each policy
Insurance companies try their best to uphold the details of the policy without cutting corners
Reducing risk, cutting costs and profits are more important to an insurance company than the customer
Insurance companies in the region are as professional as in other more developed markets
Age group
Do you feel your insurance provider works in your interest?
Have you had a rejected claim that you feel was not justified?
Do you trust your insurance provider?
Our Network

Register for our free newsletter

Latest News

NBAD records 13 percent drop in Q4 profit

The bank’s full-year profits remained almost unchanged.


February 1, 2010 6:20 by

National Bank of Abu Dhabi (NBAD) announced net profits of AED429 million for the fourth quarter of 2009, a 13 percent drop compared to the same period a year ago. The bank said that net income during the period fell because NBAD made impairment provisions of AED623 million. However, the bank’s full-year profits remained almost unchanged at AED3.02 billion, compared to AED3.019 million in 2008.

“Although we expect 2010 to be another difficult year for banking, NBAD is well positioned to invest and grow organically,” Michael Tomalin, NBAD’s CEO said in a statement. “Despite difficult market conditions and flat net earnings in 2009, NBAD achieved a 20 percent return on equity.”


Tags: , , ,

Leave a Comment