Member access

4-Traders Homepage  >  Shares  >  ABU DHABI SECURITIES MARKET  >  National Bank of Abu Dhabi    NBAD   AEN000101016

End-of-day quote. End-of-day quote ABU DHABI SECURITIES MARKET - 04/16
11.95 AED   +0.84%
04/01 Hikma Prices USD500 Million Five-Year Eurobond (ALLISS)
04/01 Hikma launches $500 million five-year bond, to price on Wednesday..
03/26 PT Garuda Indonesia to Raise USD500 million in bonds offering
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector news 
The feature you requested does not exist. However, we suggest the following feature:

National Bank of Abu Dhabi : to expand wealth management business in Asia and Africa

04/14/2015 | 10:01am US/Eastern

The National Bank of Abu Dhabi (NBAD), the largest lender bank in Abu Dhabi and the second largest in the United Arab Emirates, announced that it seeks to expand its wealth management business with Asia and Africa as its target markets. NBAD has been focusing on growing its wealth management business in order to offset better competition levels in traditional banking product lines. The bank plans to establish eight banking hubs in major cities from West Africa to China. NBAD's global wealth unit posted an increase in profit and revenue by 61% and 89% year-on-year, respectively, in 2014. It seeks to expand its product offerings in areas that used to be dominated by international lenders. Aside from wealth management, NBAD's businesses also include private banking, Islamic banking, brokerage, property management and leasing.

All KUNA right are reserved

(c) 2015 Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

React to this article
Latest news on NATIONAL BANK OF ABU DHABI
04/14 NATIONAL BANK OF ABU DHABI : to expand wealth management business in Asia and Af..
04/13 NATIONAL BANK OF KUWAIT SAK : Dentons advises NBK on $700 million Additional Tie..
04/13 NATIONAL BANK OF KUWAIT SAK : Dentons advises NBK on $700 million Additional Tie..
04/12 NATIONAL BANK OF ABU DHABI : Nationals haggle over best loan conditions
04/11 NATIONAL BANK OF ABU DHABI : Banker ME honours National Bank of Abu Dhabi
04/04 NATIONAL BANK OF ABU DHABI : Khalid Lagoon road to be partially closed from toda..
04/02 Gulf banks join regulatory capital party
04/01 Hikma Prices USD500 Million Five-Year Eurobond (ALLISS)
04/01 Hikma launches $500 million five-year bond, to price on Wednesday - leads
03/30 NATIONAL BANK OF ABU DHABI : Officials reassure investors on region
Advertisement
Chart
Duration : Period :
National Bank of Abu Dhabi Technical Analysis Chart | NBAD | AEN000101016 | 4-Traders
Income Statement Evolution
More Financials
Dynamic quotes  
ON
| OFF