Despite undergoing a profitability squeeze in 2016, Abu Dhabi’s banking sector nonetheless demonstrated its ability to expand its asset base during a period of difficult economic conditions.
UAE: Abu Dhabi Financial Services Articles & Analysis
Displaying 13 - 18 of 112
Articles & Analysis | Abu Dhabi banking sector set for consolidation in 2017 from The Report: Abu Dhabi 2017
Articles & Analysis | Abu Dhabi's top two banking giants to merge from The Report: Abu Dhabi 2017
After years of speculation as to the possibility of mergers in the UAE’s crowded banking sector, details emerged in 2016 of a deal of historic proportions. It was announced in July that Abu Dhabi’s flagship banking institution, National Bank of Abu Dhabi (NBAD), would join forces with First Gulf Bank (FGB).
Interviews & Viewpoints | Khalifa Mohammed Al Kindi, Chairman, Central Bank of the UAE: Interview from The Report: Abu Dhabi 2017
Articles & Analysis | UAE to introduce new insolvency framework for banking sector from The Report: Abu Dhabi 2017
In October 2016 Sheikh Khalifa bin Zayed Al Nahyan, president of the UAE and ruler of Abu Dhabi, issued a new federal banking law by decree, thereby delivering one of the most keenly anticipated pieces of legislation in recent years. When fully implemented in 2017, the law will address a weak spot in the business environment which has...
Articles & Analysis | Innovate to accumulate: The emirate’s new financial free zone features a tailor-made regulatory system from The Report: Abu Dhabi 2017
While the first year of operations for Abu Dhabi Global Market (ADGM) has brought much attention for its licensed financial institutions, and the regulatory and judicial infrastructure within which they operate, 2017 is likely to see more emphasis on the zone’s strategy to develop as a broad-based financial centre.