Tuesday 25 April 2017
 
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National Bank of Abu Dhabi

NBAD, First Gulf profit surges 12.4pc in Q1

The National Bank of Abu Dhabi and First Gulf Bank reported Dh2.93 billion ($797 million) in net profits for the first quarter of 2017, a 12.4 percent growth from Dh2.60 billion over the same period last year, a report said. The p

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NBAD posts over $1.4bn net profit for 2016

National Bank of Abu Dhabi (NBAD) reported net profits of Dh5.296 billion ($1.44 billion) for FY’16, up 1.2 per cent year-over-year (y-o-y) as strong underlying performance was partially offset by several macro headwinds, including volatil

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NBAD Q2 net profit dips 4.8pc

National Bank of Abu Dhabi , the emirate's largest lender by assets, on Wednesday posted a 4.8 per cent fall in second-quarter net profit, broadly in line with forecasts. NBAD, which earlier this month said it had provisionall

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NBAD Q1 net profit falls 10.7pc

National Bank of Abu Dhabi , the emirate's largest lender by assets, on Wednesday posted a 10.7 per cent fall in first-quarter net profit as revenues dropped and impairment charges for bad loans rose. NBAD, almost 70 per cent

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NBAD launches operations in India

The National Bank of Abu Dhabi (NBAD) today launched banking operations in India with the opening of a branch in Mumbai. NBAD now has a presence in 18 countries around the world. The India branch will provide wholes

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NBAD aids Egyptian expats with home finance

National Bank of Abu Dhabi (NBAD) has launched a new programme for Egyptian expatriates to purchase, finish or furnish residences in their home country. NBAD’s real estate programme can finance up to 70 per cent of unit valu

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NBAD launches $750m Tier 1 perpetual bond

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

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Strong appetite for investment in Egypt

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

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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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