Friday 29 August 2014
 
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NBAD

NBAD subsidiary in America re-named

The National Bank of Abu Dhabi (NBAD) has renamed its wholly-owned subsidiary in America to NBAD Americas N.V. NBAD established the subsidiary in Curacao in 1979 as Abu Dhabi International Bank N.V., and launched a federal branch in the

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NBAD to use NCR’s new platform for retail banking

The National Bank of Abu Dhabi (NBAD) has selected the NCR SelfServ 91, a new hardware platform that will help the bank transform its branches and extend its retail banking footprint. It is the latest in branch banking technology

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NBAD appoints energy, resources MD

The National Bank of Abu Dhabi (NBAD) has appointed Marc Mollema as the managing director and global head of energy and resources.   Mollema will lead NBAD’s Energy and

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NBAD beats forecasts with 17.5pc profit gain

National Bank of Abu Dhabi , the largest lender in the UAE, on Tuesday beat analysts' estimates with a 17.5 per cent rise in second-quarter net profit, with higher fees and investment gains boosting income.

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NBAD appoints syndicated finance head

The National Bank of Abu Dhabi (NBAD) has appointed Jonathan Macdonald as the managing director and head of Syndicated Finance.   Macdonald will lead NBAD’s loan underwriting, primary loan distribution, sec

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NBAD Dividend Leader fund wins top honour

The National Bank of Abu Dhabi’s (NBAD) Mena Dividend Leader Fund has been voted ‘Newcomer Fund of the Year 2013’ by Zawya at the Mena Asset Management Conference and Awards 2014 held in Dubai recently.  

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NBAD broadens scope of regional funds

The National Bank of Abu Dhabi (NBAD) has rebranded several of its equity funds moving investment to a broader Mena focus from a UAE emphasis.    The expanded scope, diversification and geography of the rebr

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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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