About NBAD Custody Services
NBAD is the first licensed Custodian Bank and the only local licensed Custody services provider in the UAE
Our Custody Department cements NBAD’s leading position in the provision of Wealth Management solutions. The steady evolution of NBAD’s Custody business continues today having achieved major milestones including more recently:
- 2009 NBAD is privileged to become the UAE’s ‘First Licensed Custodian’ by the Emirates Securities and Commodities Authority under SCA Decision No. (29/R) of 2009
- 2010 NBAD signs a commercial agreement with Societe Generale Securities Services (SGSS) extending the depth of our geographical spread to international markets
Moving forward the main pillar for the success of NBAD’s Custody business is to capitalize on the strength of NBAD’s unique position - both in the UAE and beyond - by offering fully fledged post-trading solutions addressing the requirements of our partners locally, regionally and globally.