Hedge Funds & Alternative Investments
Mergers & Acquisitions
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CI: Proposed merger of NBAD and First Gulf Bank to have favourable credit implications
The proposed merger of two major UAE banks, the National Bank of Abu Dhabi (NBAD) and First Gulf Bank (FGB), is expected to create the largest bank in the MENA region with total assets in excess of $173 billion. NBAD with assets of $111 billion at end 2015 is the…
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