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
Emirates 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
The 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