NBAD and FGB will merge

The board of directors of National Bank of Abu Dhabi (NBAD) and First Gulf Bank (FGB) have approved a merger that will create the largest bank in the Middle East and North Africa with assets worth AED 642 billion. The merger is supposed to take place in the first quarter of 2017. The name of the new entity will retain the brand name of NBAD.

Do you have any questions?

Should you have further queries, we are glad to assist you anytime, whether in a personal meeting, over the phone on +971 4 327 5888 or by eMail at info(at)anders.ae.

Back