Friday 27 February 2015
 
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National Bank of Abu Dhabi

Global Sukuk issuance ‘to hit $145bn in 2015’

Global Sukuk issuance is expected to reach $145 billion in 2015, said experts, adding that the demand for Sukuk significantly outweighs the supply, with growing investor appetite for more diverse investment opportunities. The year

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NBAD set to meet investors over dollar bond

National Bank of Abu Dhabi (NBAD) plans to meet fixed income investors starting on Tuesday for a potential US dollar-denominated bond issue, a document from lead managers showed on Monday. Rated AA- by Standard and Poor's and

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NBAD Q4 net profits surge 28pc to $373m

National Bank of Abu Dhabi (NBAD), the largest lender by assets in the UAE, reported a 27.6 per cent rise in fourth-quarter net profit on Wednesday on higher fee income and lower impairments. Banks in the United Arab Emirates (UAE

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NBAD launches liquidity management fund

The National Bank of Abu Dhabi (NBAD) has launched the Cash Plus Fund, a fund designed to offer liquidity, capital preservation and yield enhancement. The NBAD Cash Plus Fund allows investors to benefit from higher rates than conv

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NBAD facilitates UK’s debut sovereign sukuk

The National Bank of Abu Dhabi (NBAD) has successfully executed the UK government’s debut sukuk issue in its capacity as joint lead manager and joint bookrunner. This groundbreaking sukuk is the first-ever sovereign sukuk by

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NBAD appoints Group chief financial officer

The National Bank of Abu Dhabi (NBAD) has appointed James Burdett as its new Group chief financial officer (GCFO). Burdett will lead the Group finance, strategy, group treasury, and investor relations functions. His primary respon

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Two senior officials leaving NBAD

Two senior bankers at National Bank of Abu Dhabi are leaving the lender to pursue other opportunities, three sources said on Tuesday, at a time of changing strategy at the largest bank by assets in the UAE. NBAD, 70 percent owned

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NBAD fund delivers 3.4pc dividends

The National Bank of Abu Dhabi’s (NBAD) Cautious Income Fund will pay to its investors a semi-annual distribution equal to 3.4 per  cent of the net asset value (NAV) unit of 5.3615. The Fund has earned a total income of

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NBAD plans to recruit over 100 UAE nationals

National Bank of Abu Dhabi (NBAD) plans to recruit more than 100 UAE nationals this year, said its top official ahead of a major career fair in the UAE capital. The Abu Dhabi lender is taking part in Tawdheef Career Fair which ope

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NBAD plans to recruit over 100 UAE nationals

National Bank of Abu Dhabi (NBAD) plans to recruit more than 100 UAE nationals this year, said its top official ahead of a major career fair in the UAE capital. The Abu Dhabi lender is taking part in Tawdheef Career Fair which ope

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