First Abu Dhabi Bank (FAB) News - Mubasher Info
KSA
Mubasher TV
 Contact Us Advertising   العربية
KSA
TDWL Closed
04 April 06:17 PM

First Abu Dhabi Bank (FAB)

Last update: 3 April 02:55 PM market time.
17.32
-0.56
-3.13%
Open 17.38
Previous Close 17.92
High 17.42
Low 17.24
Stock Statistics
Volume 1,063,389
Turnover 18,421,750.71
All data are 15 minutes late during market session

News

Photo Credit: Arabianeye - Reuters
17 September 2015 03:14 PM MIDOR hires NBAD, NBE to advise on financing deal
Abu Dhabi – Mubasher: Middle East Oil Refining Co. (MIDOR) has appointed National Bank of Abu Dhabi (NBAD) and National Bank of Egypt (NBE) as co-financial advisors as regards financing the company’s expansions to boost refining capacity. The …
Banking and Finance
Photo Credit: Arabianeye - Reuters
6 September 2015 03:16 PM NBAD offers housing finance for Egyptian expats
Cairo-Mubasher: National Bank of Abu Dhabi (NBAD) has launched a new program for Egyptian expatriates to purchase, finish or furnish residences in their home country. NBAD’s real estate program can finance up to 70% of unit value, for Egyptian …
Banking and Finance
Photo Credit: Arabianeye-Reuters
31 August 2015 09:00 AM NBAD bonds to be suspended from trading 8 September
Abu Dhabi-Mubasher: The National Bank of Abu Dhabi (NBAD) said on Monday that its subordinate convertible notes will be suspended from trading from 8 to 14 September. The notes will resume trading on 15 September, according to a bourse filing.  
Sukuk and Islamic Finance
Photo Credit: Arabianeye-Reuters
20 August 2015 11:04 AM RAM maintains NBAD rating, says outlook ‘Stable’
  Abu Dhabi – Mubasher: Credit ratings agency RAM has reaffirmed the financial institutions ratings for the National Bank of Abu Dhabi (NBAD) at P1/AAA with an outlook ‘Stable’. “Concurrently, the AAA/Stable and AA1/Stable ratings of the Group’s …
Company News
Photo Credit: Arabianeye-Reuters
16 August 2015 06:25 PM ADX banks’ H1 profits rise despite provisions – Report
  By: Bedour El-Raie Abu Dhabi – Mubasher: A total of 13 UAE national banks, listed on the Abu Dhabi Securities Exchange (ADX), have recorded growth of 12.5% to AED 12.70 billion ($3.46 billion) in the first six months of 2015, ignoring the cost …
News Analysis
Photo Credit: Arabianeye-Reuters
30 July 2015 00:11 PM NBK Capital gives ‘hold’ recommendation for NBAD
  Abu Dhabi – Mubasher: NBK Capital, the investment arm of the National Bank of Kuwait (NBK), said it has kept its fair value (FV) for the National Bank of Abu Dhabi (NBAD) at AED 11.8 and gave the recommendation “Hold”. The research firm’s FV is …
Company News
Photo Credit: Arabianeye-Reuters
29 July 2015 09:39 AM Several UAE firms to disclose financials Wednesday
  UAE – Mubasher: Several companies are scheduled to announce their financials for the first half of 2015 in their respective markets, whether the Abu Dhabi Securities Exchange (ADX) or Dubai Financial Market (DFM). The most important of these …
Company News
Photo Credit: Arabianeye - Reuters
9 July 2015 08:58 PM UNB to raise $500m syndicated loan
Abu Dhabi-Mubasher: Union National Bank (UNB), 50% owned by Abu Dhabi government, has picked five lenders to raise a three-year syndicated loan worth $500 million (AED 1.83 billion), it said in a statement on Thursday. The bank has mandated …
Company News
Photo Credit: Arabianeye-Reuters
16 June 2015 01:59 PM NBAD launches $750m bond
 Abu Dhabi - Mubasher: The National Bank of Abu Dhabi (NBAD) announced on Tuesday the successful launch of its inaugural $750 million additional Tier 1 perpetual bond on 10 June. It reported achieving multiple records in the process.NBAD …
Sukuk and Islamic Finance
Photo Credit: Arabianeye-Reuters
16 June 2015 09:08 AM NBAD Sukuk fund delivers 2.2% semi-annual dividend
Abu Dhabi - Mubasher: The National Bank of Abu Dhabi (NBAD) Sukuk Income Fund has earned a total income of $673,894.69, equivalent to 2.22% of the net asset value (NAV) as at 28 May, 2015, including the intended dividend payment of $0.11 per unit, …
Bonds
Photo Credit: Arabianeye-Reuters
8 June 2015 01:27 PM NBAD has bookrun 18 sukuk deals since start of 2015
Abu Dhabi – Mubasher: The National Bank of Abu Dhabi (NBAD) said on Monday it successfully priced seven bond transactions for international issuers and has bookrun 18 major transactions in both the conventional bonds and international sukuk space …
Bonds
Photo Credit: Arabianeye-Reuters
4 June 2015 02:23 PM Moody’s assigns (P)Baa3 (hyb) rating to NBAD bonds
 Abu Dhabi – Mubasher: Moody's Investors Service has announced assigning a provisional (P)Baa3 (hyb) rating to the upcoming issuance of perpetual non-cumulative Additional Tier 1 (AT1) capital securities by the UAE’s National Bank of Abu …
Ratings
Photo Credit: Arabianeye-Reuters
4 June 2015 08:28 AM NBAD to meet investors for possible bond issue
 Abu Dhabi – Mubasher: The National Bank of Abu Dhabi (NBAD) said it will be conducting a series of fixed-income investor meetings in Asia and Europe starting 8 June to be arranged by Citi, HSBC, Morgan Stanley, NBAD and SG CIB, according to …
Bonds
Photo Credit: Arabianeye-Reuters
1 June 2015 02:14 PM NBK Capital cuts NBAD FV by 10%
Abu Dhabi – Mubasher: The National Bank of Kuwait Capital, the research arm of the National Bank of Kuwait (NBK), said it has reduced the fair value (FV) of the National Bank of Abu Dhabi (NBAD) by 10% to AED 11.80 per share.Despite the reduction, …
Company News
Photo Credit: Arabianeye-Reuters
1 June 2015 10:57 AM NBAD bonds to be suspended from trading on 8 June
 Abu Dhabi – Mubasher: The National Bank of Abu Dhabi (NBAD) said on Monday that its subordinate convertible notes will be suspended from trading from 8 to 14 June.The notes will resume trading on 15 June in preparation for the payment of the …
Company News
Photo Credit: Arabianeye-Reuters
31 May 2015 09:28 AM NBAD wins two Banker Middle East awards
Abu Dhabi – Mubasher: The National Bank of Abu Dhabi (NBAD) has won two Banker Middle East Industry awards for 2015, organised by the Dubai-based financial media company CPI Financial.The Abu Dhabi-listed bank won the Best Business Bank 2015, an …
Company News
NBAD tower
24 May 2015 02:56 PM NBAD mandated to finance 5 aircraft deal
Abu Dhabi-Mubasher: The National Bank of Abu Dhabi (NBAD), along with Arab Banking Corporation, was mandated by the International AirFinance Corporation (IAFC) as underwriter, bookrunner and lead arranger on a $400 million Murabaha loan.The deal, …
Sukuk and Islamic Finance
Photo Credit: Arabianeye-Reuters
24 May 2015 09:26 AM NBAD seals 18 debt deals
National Bank of Abu Dhabi (NBAD) has accomplished 18 debt contracts on bonds and Sukuk with a number of corporations and companies including Emirates Telecommunications, DP World, National Bank of Kuwait, Emirate of Ras Al Khaimah, Hikma …
Company News
Photo Credit: Arabianeye-Reuters
20 May 2015 10:33 AM Mobile-banking users worldwide to pass 1.75bn by 2019 – NBAD
Abu Dhabi – Mubasher: Mobile banking users and usage are expected to surpass 1.75 billion in 2019, representing 32% of the global adult population, said Abdulla Al-Otaiba, senior managing director and group head of global retail and commercial at …
Company News
Photo Credit: Arabianeye-Reuters
7 May 2015 11:00 AM NBAD buys back part of bonds
Abu Dhabi – Mubasher: The National Bank of Abu Dhabi (NBAD) has made a partial repurchase of its AED 125 million outstanding NBAD 2016 subordinate convertible notes listed on the Abu Dhabi Securities Exchange (ADX).The repurchased notes have been …
Company News
Photo Archive
29 April 2015 01:30 PM NBAD Q1 profits rise to AED 1.41bn
Abu Dhabi – Mubasher: National Bank of Abu Dhabi (NBAD) saw its net profits increase to AED 1.423 billion ($0.38735 billion) for the first quarter of 2014, a rise of 1% year-on-year from AED 1.41 billion ($0.38381 billion) and 3.7% …
Financial Results
Photo Credit: Arabianeye-Reuters
5 April 2015 10:27 AM NBAD to manage $4bn sukuk in Q1 - Report
Abu Dhabi – Mubasher: The National Bank of Abu Dhabi (NBAD) has been ranked by Bloomberg and Dealogic as the world’s number one bank for managing international sukuk issuances in the first quarter of fiscal year 2015.NBAD has managed nearly …
Bonds
Photo Credit: Arabianeye-Reuters
1 April 2015 04:44 PM NBK to issue dollar-denominated bonds
The National Bank of Kuwait (NBK) plans to issue dollar-denominated bonds to boost its capital, adopting Basel III’s standards.The issued bonds amount to $650 million, with a return standing at 5.8%.The remittances will reach around $1.4 billion, …
Company News
Photo Credit: Arabianeye-Reuters
30 March 2015 09:12 AM NBAD revises convertible bond price after dividends
Abu Dhabi – Mubasher: The National Bank of Abu Dhabi (NBAD) said it has decided to change the price of convertible bonds worth $500 million and due in 2018 to $3.48 per share, down from $3.85 per share.The decision follows NBAD’s cash and …
Bonds
Photo Credit: Arabianeye-Reuters
29 March 2015 00:01 PM Oman Chlorine approves 10% dividends
 Oman – Mubasher: Oman Chlorine said its ordinary general meeting (OGM) approved a 10% cash dividend, amounting to 10 baisa per share for 2014, according to a filing to the Muscat Securities Market (MSM).Shareholders also approved a stock …
Company News