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Tag: NBAD

FGB, NBAD Merger Creates World’s Largest Financial Institution

FGB and NBAD announce the new name of the combined bank New Bank starts trading on Abu Dhabi Securities Exchange under ticker symbol...

Mutual Funds of ADCB and NBAD at its lowest

Once very profitable investment, mutual funds of UAE-based National Bank of Abu Dhabi (NBAD) and Abu Dhabi Commercial Bank (ADCB) are now a...

Dubai World’s approval from creditors to change terms of debt to...

According to UBS AG and Moody’s Investors Service, Dubai World’s approval from creditors to change the terms on $24.9 billion of debt is likely...

National Bank of Abu Dhabi launched a $5 billion euro medium...

National Bank of Abu Dhabi (NBAD) launched a $5 billion euro medium term note programme (EMTN). NBAD is the second largest bank in the...

UAE Banking Sector Outlook

At the start of the year, analysts expected a binary scenario for UAE banks in 2010 on  the back of a slow but steady...

Six banks control 60 pc of assets in UAE

Emirates NBD alone holds 20pc Six large banks in the UAE control close to 60 per cent of the total assets held by the country's...