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Global trends boost Gulf banks as foreign rivals retrenchWhen British banker Michael Tomalin took the top job at National Bank of Abu Dhabi in 1999, the lender had about $9 billion in assets - tiny by global standards - and its operations were largely confined to the o More… |
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NBAD fund delivers 1.98pc dividendThe National Bank of Abu Dhabi’s NBAD Sukuk Income Fund will pay to its investors a semi-annual distribution equal to 1.98 per cent of the unit NAV of $5.3286 as at May 30. Accordingly, each unit in the fund will receive a d More… |
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New group chief investment officer for NBADNational Bank of Abu Dhabi (NBAD), the UAE’s leading bank, has appointed Claude-Henri Chavanon as the group chief investment officer and head of the investment group of NBAD. More… |
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NBAD expands custody services to UAE boursesLeading UAE lender The National Bank of Abu Dhabi (NBAD) said it has become a direct custodian for Nasdaq-Dubai, thus availing direct custody services for all three UAE Stock Markets. This important milestone cements NBAD Custody& More… |
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NBAD appoints new GMThe National Bank of Abu Dhabi (NBAD) has appointed Mark Watts as the general manager, head and chief investment officer of the bank's Asset Management Group. Watts is tasked with enhancing the development of the investment pr More… |
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NBAD raises convertible bond issue to $465mNational Bank of Abu Dhabi (NBAD), the UAE's largest lender by market value, has increased its convertible bond offering to $465 million following high demand from investors for a rare convertible from the Gulf region. The ban More… |
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NBAD appoints new Kuwait managerThe National Bank of Abu Dhabi (NBAD) has appointed May Al Mudhaf as its new regional manager in Kuwait. Al Mudhaf is an experienced banker with a wealth of knowledge and industry contacts gained from her three decades of banking More… |
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NBAD Q1 net profit surges 36pcNational Bank of Abu Dhabi, the United Arab Emirates' largest lender by market value, posted a 35.5 percent increase in first-quarter net profit on Tuesday, beating the average forecast of analysts. The bank made Dh1.41 billio More… |
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NBAD named advisor for $1.6bn Malaysia plantMalaysia's Cosmos Petroleum & Mining company has signed up National Bank of Abu Dhabi (NBAD) as the financial advisor and lead arranger for its upcoming $1.6 billion polysilicon manufacturing project. Kuala Lumpur-headquar More… |
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NBAD fund to distribute 4.47pc dividendThe National Bank of Abu Dhabi’s (NBAD) said its cautious income fund will distribute 4.47 per cent annualised dividends to the shareholders fllowing the fund's impressive performance. The Cautious Income Fund, lau More… |
