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Abu Dhabi’s NBAD prices 5-year $750M bond

Abu Dhabi’s NBAD prices 5-year $750M bond

National Bank of Abu Dhabi , the largest lender by market value in the UAE, priced a $750 million 5-year bond late on Monday, with a yield of 3.304 percent.

March 20, 2012 11:05
 
StanChart seeks nod for Saudi licence

StanChart seeks nod for Saudi licence

Standard Chartered has sought a full commercial banking licence from the Saudi central bank as the UK lender aims to plug the biggest gap in its growing Gulf Arab business, two sources familiar with the matter said on Sunday.

March 12, 2012 1:53
 
MidEast sukuk issuance seen over $14B in 2012 – HSBC

MidEast sukuk issuance seen over $14B in 2012 – HSBC

The issuance of Islamic bond, or sukuk, in the Middle East could reach over $14 billion this year, according to HSBC, as investor demand and the relatively lower volatility of the asset class drive sales.

March 7, 2012 2:02
 
UAE’s NBAD eyes regional mandates

UAE’s NBAD eyes regional mandates

National Bank of Abu Dhabi, the largest lender by market value in the United Arab Emirates, is set to take on regional mandates to add to its home-market advantage, the head of the bank's debt capital markets team said.

March 7, 2012 1:30
 
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