FGB-NBAD Deal To Trigger A Wave Of Consolidations In U.A.E. Banking Market
After years of M&A inactivity, the FGB-NBAD merger and a challenging macroeconomic outlook could signal a greater consolidation drive in the overcrowded U.A.E. banking market. The long-awaited merger between First Gulf Bank (FGB) and National Bank of Abu Dhabi (NBAD) has finally been completed, and with it the analysis of…
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