NBAD mulls bond sale

18 October 2010

National Bank of Abu Dhabi, the UAE’s second-largest lender, has revealed that its board will mull selling bonds under its Australian and New Zealand dollar medium-term note program, Bloomberg has reported. The board will meet on Oct. 26 and the bond programme was approved by the bank’s annual general meeting in December 2007, the lender said.

A MEED Subscription...

Subscribe or upgrade your current MEED.com package to support your strategic planning with the MENA region’s best source of business information. Proceed to our online shop below to find out more about the features in each package.