Tuesday 26 May 2015
 
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NBAD

NBAD launches new mobile banking solution

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

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NBAD net profit in Q1 edges up to $387m

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

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NBAD targets Africa, Asia for wealth management growth

National Bank of Abu Dhabi is seeking to expand its wealth management business in Africa and Asia, as it looks to maintain strong growth at a time when its home region is being impacted by political and economic uncertainty. The l

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NBAD declares 40pc dividend, 10pc bonus shares

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

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NBAD ‘not interested in Citi's Egypt assets’

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. The

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NBAD to boost international sukuk mandates

National Bank of Abu Dhabi (NBAD) expects to handle more international sukuk issuance for clients this year amid overall growth in the sector, according to the bank's global head of debt Andy Cairns. The United Arab Emirates&#

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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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Mena bond markets to remain investor focus in 2015

Mena equity markets will have a challenging 2015, while lower than expected oil prices will continue to adversely impact market performance and bond markets remain a key focus for local liquidity, a report said. Mena equity market

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NBAD Sukuk Income Fund delievers 2.33pc dividends

The National Bank of Abu Dhabi’s (NBAD) Sukuk Income Fund has earned a total income of $798,923, which is equivalent to 2.33 per cent of the net asset value (NAV), which includes the intended dividend pay-out of $0.12 per unit.  

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