The National Bank of Abu Dhabi (NBAD) has announced the establishment of a managed trust company in Jersey in the British Channel Islands.
The National Bank of Abu Dhabi Trust Company Jersey Limited was established based on the growing demand from customers to provide additional wealth management services and is an extension of the Bank’s full range of investment and value-added services it offers as the United Arab Emirate (UAE)’s largest bank.
To manage the Trust Company, NBAD has entered into a partnership with major law firm Mourants, which has a strong presence in Jersey. The expertise of NBAD’s investment management programs, coupled with the experience of Mourants for managing trusts, means that clients will have available advice for a full range of wealth management matters, from investment decisions to inheritance planning. — (menareport.com)
© 2003 Mena Report (www.menareport.com)
