UAE lenders raise hope for future
The second quarter profits at UAE's three largest banks have all exceeded forecasts, supporting future growth
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The second quarter profits at UAE's three largest banks have all exceeded forecasts, supporting future growth
July 25, 2012 10:08Abu Dhabi's Etihad Airways will receive up to $169 million in financing from state investment fund Mubadala and National Bank of Abu Dhabi to help the airline to lease spare engine parts.
February 1, 2012 1:28Abu Dhabi's Al Hilal Bank has picked three banks to arrange its debut Islamic bond, or sukuk, three sources familiar with the matter said on Monday, with the deal expected to emerge in the first quarter of 2012, one of them added.
November 14, 2011 1:44Bank deposit growth slows to 10-mth low in September as Arab Spring-related inflows decrease and conditions for big rise of interbank rates are just not in place.
November 10, 2011 4:59UNB launches benchmark-sized 5-year dollar bond - leads; Bank aims to price this week; Citi, Deutsche Bank, HSBC mandated among others
November 1, 2011 11:31National Bank of Abu Dhabi (NBAD) , the largest bank by market value in the UAE issued $20 million in a private placement under its existing bond programme, a statement said on Monday.
September 12, 2011 11:58The National Bank of Abu Dhabi (NBAD) has opened a new business banking centre in Abu Dhabi’s to cater to the rise in its SME clients in this year.
September 6, 2011 4:00NBAD cites rise in provisions for Q1 decline; Non-performing loans rose to 3.77 bln dirhams
April 19, 2011 2:49ADCB is the second bank from the emirate to issue a Malaysian currency bond this year.
August 17, 2010 9:03NBAD's visit is to promote the Middle East financial sector in Australia.
July 23, 2010 10:23Goldman Sachs boosted ratings of two banks based in the UAE capital…
December 19, 2009 10:34There will be demand for the second tranche of a $20 billion bond program…
October 12, 2009 3:47