Tuesday 22 July 2014
 
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NBAD

NBAD appoints syndicated finance head

The National Bank of Abu Dhabi (NBAD) has appointed Jonathan Macdonald as the managing director and head of Syndicated Finance.   Macdonald will lead NBAD’s loan underwriting, primary loan distribution, sec

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NBAD Dividend Leader fund wins top honour

The National Bank of Abu Dhabi’s (NBAD) Mena Dividend Leader Fund has been voted ‘Newcomer Fund of the Year 2013’ by Zawya at the Mena Asset Management Conference and Awards 2014 held in Dubai recently.  

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NBAD broadens scope of regional funds

The National Bank of Abu Dhabi (NBAD) has rebranded several of its equity funds moving investment to a broader Mena focus from a UAE emphasis.    The expanded scope, diversification and geography of the rebr

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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 sukuk fund to offer 5.8pc dividends

The National Bank of Abu Dhabi’s NBAD Sukuk Income Fund will pay to its investors a semi-annual distribution equal to 2.87 per cent of the net asset value (NAV) of $5.2532, being the NAV as on May 29. Accordingly, each unit

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NBAD to enter India before year-end

National Bank of Abu Dhabi plans to set up a regional financial base in India before the end of this year as part of its overseas expansion strategy, two sources aware of the matter told Reuters on Wednesday. The largest lender by

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NBAD appoints Swiss Investment Group head

NBAD Private Bank (Suisse), the wholly-owned Swiss subsidiary of the National Bank Of Abu Dhabi, has appointed Tony Zeiger as the head of Investment Group.    In his new role, Zeiger will define and manage t

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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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NBAD chief warns over falling margins

National Bank of Abu Dhabi's chief executive has warned that falling margins were beginning to squeeze banks in the UAE, after the country's largest lender by market value reported flat first-quarter profit growth. Many UA

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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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