Monday 14 July 2014
 
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NBAD

NBAD facilitates UK’s debut sovereign sukuk

The National Bank of Abu Dhabi (NBAD) has successfully executed the UK government’s debut sukuk issue in its capacity as joint lead manager and joint bookrunner. This groundbreaking sukuk is the first-ever sovereign sukuk by

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NBAD sukuk fund to offer 5.8pc dividends

The National Bank of Abu Dhabi’s NBAD Sukuk Income Fund will pay to its investors a semi-annual distribution equal to 2.87 per cent of the net asset value (NAV) of $5.2532, being the NAV as on May 29. Accordingly, each unit

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NBAD to enter India before year-end

National Bank of Abu Dhabi plans to set up a regional financial base in India before the end of this year as part of its overseas expansion strategy, two sources aware of the matter told Reuters on Wednesday. The largest lender by

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NBAD appoints Swiss Investment Group head

NBAD Private Bank (Suisse), the wholly-owned Swiss subsidiary of the National Bank Of Abu Dhabi, has appointed Tony Zeiger as the head of Investment Group.    In his new role, Zeiger will define and manage t

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NBAD appoints Group chief financial officer

The National Bank of Abu Dhabi (NBAD) has appointed James Burdett as its new Group chief financial officer (GCFO). Burdett will lead the Group finance, strategy, group treasury, and investor relations functions. His primary respon

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NBAD chief warns over falling margins

National Bank of Abu Dhabi's chief executive has warned that falling margins were beginning to squeeze banks in the UAE, after the country's largest lender by market value reported flat first-quarter profit growth. Many UA

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Two senior officials leaving NBAD

Two senior bankers at National Bank of Abu Dhabi are leaving the lender to pursue other opportunities, three sources said on Tuesday, at a time of changing strategy at the largest bank by assets in the UAE. NBAD, 70 percent owned

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NBAD Q1 net profit flat at $383m

National Bank of Abu Dhabi , the United Arab Emirates' largest lender by market value, posted net profit of Dh1.41 billion ($383.9 million) in the first three months of 2014, the same figure as the corresponding quarter last year.

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NBAD equity fund growth tops $272m

The National Bank of Abu Dhabi’s NBAD Mena Dividend Leader Fund (MDL) has grown to more than Dh1 billion ($272 million) and become the region’s largest equity fund in less than a year from its launch, said a top official.

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NBAD launches e-academy

The National Bank of Abu Dhabi (NBAD) has launched an e-academy to enhance the development of its staff’s skills and optimise its delivery of services and products.   The NBAD E-Academy, a multi-faceted lea

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