NBAD launches $750m Tier 1 perpetual bondThe 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 More… |
Amlak deal would hit ENBD Tier 1: brokerEmirates NBD, Dubai's largest bank by assets, could see its Tier 1 capital ratio fall by nearly 1.1 percentage points if it is forced to absorb embattled property lender Amlak Finance, HC Securities said on Sunday. ENBD, which is 56-pe More… |
UAE delays bank reserve-increase targetThe UAE central bank has delayed bank targets for increasing capital reserves as a buffer for surprise losses and changed the proportion of Tier 1 capital which banks need to set aside. The rule, which will initially require banks to maint More… |