Monday 30 May 2016
 
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UAE's e-Dirham wins top global certification

The e-Dirham system, launched and managed by the Ministry of Finance (MoF) in partnership with the National Bank of Abu Dhabi, recently received the Certification of Compliance in Payment Card Industry Data Security Standard (PCI DSS).

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NBAD Q1 net profit falls 10.7pc

National Bank of Abu Dhabi , the emirate's largest lender by assets, on Wednesday posted a 10.7 per cent fall in first-quarter net profit as revenues dropped and impairment charges for bad loans rose. NBAD, almost 70 per cent

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Etihad, National Bank of Abu Dhabi ink partnership deal

Etihad Airways has selected National Bank of Abu Dhabi (NBAD), the largest UAE lender by assets, as its Middle East Strategic partner for transactional banking services. Under the agreement, NBAD will provide Etihad Airways with a

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eDirham's revenue grows 21pc to $2.2bn

E-Dirham, an initiative launched by the UAE Ministry of Finance to provide an official electronic payment platform for collection of revenues and service fees of governmental and semi-governmental institutions, has reported the e-collection of

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Senior trio leave top UAE bank NBAD

Three senior bankers have resigned from National Bank of Abu Dhabi (NBAD), the UAE's largest bank by assets, sources aware of the matter told Reuters. Gary Dugan, chief investment officer and head of investment strategy, left

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NBAD launches operations in India

The National Bank of Abu Dhabi (NBAD) today launched banking operations in India with the opening of a branch in Mumbai. NBAD now has a presence in 18 countries around the world. The India branch will provide wholes

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NBAD launches academy to drive SME growth

National Bank of Abu Dhabi (NBAD) has launched a free, business skills academy with the purpose of driving growth in the SME sector. Since its launch in September, over 100 small medium enterprises (SMEs) in the UAE have benefitte

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NBAD announces Mena Bond Fund Q3 earnings

The National Bank of Abu Dhabi’s NBAD Mena Bond Fund has earned dividend income equivalent to $4.58 million for USD share class, Dh2.88 million ($786 million)for the AED share class and EUR 57,177.14 ($62,575) for the EURO share class.

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NBAD Q3 profit falls 3pc, missing forecasts

National Bank of Abu Dhabi (NBAD), the largest lender by assets in the UAE, on Wednesday, reported a 3 per cent drop in third quarter profit, missing analysts' forecasts. NBAD, almost 70 per cent owned by Abu Dhabi's gover

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NBAD tops as bookrunner for GCC bonds, sukuk

National Bank of Abu Dhabi (NBAD) has been ranked number one bookrunner of bonds and sukuk in the GCC for the first nine months of this year, according to data compiled by Dealogic.‎   This marks the first ti

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