Two senior executives are leaving First Abu Dhabi Bank Pjsc as one of the Gulf’s largest lenders continues to grapple with an exodus of senior managers, people familiar with the matter said ...
FAB, the U.A.E.’s largest bank, was formed in 2017 by the merger of the First Gulf Bank and the National Bank of Abu Dhabi. Mubadala is the largest shareholder in the company through the Abu Dhabi ...
The German lender outbid other international candidates including US hedge funds for First Abu Dhabi Bank PJSC’s non-performing loan portfolio, according to the people, who asked not to be named ...
German financial services company Deutsche Bank is set to acquire a non-performing loan portfolio from UAE-based First Abu Dhabi Bank, reported Bloomberg citing sources. This bad loan portfolio is ...
Stock markets in the United Arab Emirates were subdued on Friday, with Dubai's index retreating due to profit-taking and a late-week sell-off, while Abu Dhabi's ... China's central bank launched ...
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