Thursday 5 May 2016
 
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ENBD

New chief investment officer for Emirates NBD

Emirates NBD, a leading bank in the region, today announced the appointment of Gary Dugan as its chief investment officer – wealth management. An accomplished investment professional with over 30 years of experience with som

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ENBD nine-month profit up 27pc to $1.35bn

Emirates NBD (ENBD), Dubai’s largest lender, posted a net profit of Dh5 billion ($1.36 billion) for the first nine months of the year compared to Dh3.9 billion during the same period of 2014, marking an increase of 27 per cent.

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Network International mulls IPO

Network International, a developer of payment processing solutions, is considering strategic options including an initial public offer, Dubai-based lender Emirates NBD said on Tuesday, referring to the firm as its affiliated associate.

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Emirates NBD Q2 profit rises 26pc

Emirates NBD (ENBD), Dubai's largest lender, posted a 26 per cent rise in second-quarter net profit on Wednesday, slightly missing analysts' forecasts. The lender, 55.6-per cent owned by state fund Investment Corp of Dubai

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ENBD forecasts 5-7pc loan growth in 2015

Emirates NBD (ENBD), Dubai's largest bank, expects its loan growth to be between 5 and 7 per cent in 2015 and for the coming year to be "very profitable" despite the falling oil price, its chief executive said on Wednesday.

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ENBD raises $348m via longest kangaroo bond

Emirates NBD, Dubai's largest lender, priced an A$450 million ($348 million), seven-year kangaroo bond issue on Wednesday, the longest maturity from a Middle Eastern issuer in that market to date. The bond was priced with a 4.

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Emirates NBD Q4 profit jumps 82pc

Emirates NBD (ENBD), Dubai's largest bank, on Sunday reported a 82 per cent leap in fourth-quarter net profit, broadly in line with analysts' forecasts, because of strong growth across its business as the emirate's economy boomed.

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Emirates NBD trims loan growth forecast

Emirates NBD trimmed its 2014 loan growth forecast but raised its expectations for how much lending would earn it this year after reporting an estimate-beating 34.8 percent jump in second-quarter net profit. Dubai's largest le

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Emirates NBD H1 profits surge 30pc to $640m

Emirates NBD, the largest bank in the UAE by total income and branch network, today reported a net profit growth of 30 per cent year on year for the first half to Dh2.350 billion ($639.7 million). The strong operating performance

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ENBD repays final $1.1bn of govt support

Emirates NBD, Dubai's largest lender, has repaid the remaining 4 billion dirhams ($1.1 billion) of support which it received from the United Arab Emirates government in 2008, the country's finance ministry said. The UAE mi

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