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Showing posts with label NBAD. Show all posts
Showing posts with label NBAD. Show all posts
Friday, 4 November 2016

UAE Banking: Storm Signals in ADCB's 3Q2016 Financials

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AA Has the Full Range of Flags, If Needed As promised earlier, further thoughts on ADCB’s 3Q16 financial report plus an added bonus...
Thursday, 23 June 2016

The FGB/NBAD Merger in a Global Context

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Both the Size of the Fish and the Size of the Pond are Important Recently, the GCC financial market has been all aflutter following...
Friday, 13 August 2010

You Said What?: Tomalin Reveals Why There Will Always Be Banking Crisis

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Taking a leaf from Charlie Prince's notebook, Michael Tomalin, CEO, of NBAD revealed why there will always be bad loans and banking cri...
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Sunday, 7 March 2010

NBAD Requests Cancellation of Approval to Buy Back Shares

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  A rather curious announcement over at the ADX.  The UAE SCA agreed to NBAD's request to cancel its previously granted permission to ...
Friday, 5 March 2010

Major UAE Banks Have Rengotiated AED15 Billion (US$4.1 Bn) in Loans - Signs of Writeoffs to Come?

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The National reports that three of the UAE's largest banks have renegotiated some AED15 billion in loans.  To be clear this is the stoc...
Monday, 30 November 2009

National Bank of Abu Dhabi US$345 mm to Dubai World Group

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NBAD issued a press release detailing its exposure: US$120 million in the Nakheel Bond US$100 million general corporate loan to Nakheel ...
Wednesday, 25 November 2009

Dubai Raises US$5 Billion from "Private Sector" - Or Did It?

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You've probably seen the news that Dubai raised US$5 billion in the second tranche of its US$20 billion bond program. Much is being m...