The National Bank of Abu Dhabi (NBAD), a major bank in the Middle-East and Emerging Markets, launched its inaugural $750mn Additional Tier 1 Perpetual Bond and achieved multiple records in the process.
NBAD initially held a set of
There is strong appetite to invest in Egypt as reforms being implemented by the country’s government are encouraging growth, said experts at a forum hosted by the National Bank of Abu Dhabi (NBAD).
NBAD recently hosted 200 c
The National Bank of Abu Dhabi (NBAD) has launched a new mobile banking app is part of its strategy to upgrade all its banking channels including branches, website, online banking and ATMs.
NBAD Mobile Banking enables seamless eng
National Bank of Abu Dhabi (NBAD) has reported a net profit of Dh1.423 billion ($387 million) in the first quarter of the year, marking an increase of 1 per cent year-over-year.
This represents diluted EPS of Dh0.26 for Q1 2015 ve
The National Bank of Abu Dhabi's (NBAD) shareholders have approved distribution of a cash dividend of 40 per cent and a stock dividend of 10 per cent for the financial year ended December 31.
They also voted in favour of issua
National Bank of Abu Dhabi (NBAD) is not interested in buying the Egypt retail business of Citigroup, and is instead targeting organic growth in the country and globally, the bank's chief executive told Reuters on Sunday.
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.
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
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
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