VOL. XXXVIII

NO. 26

27-MARCH-1995

Financial and Banking News

Regional Finance

National Bank Of Abu Dhabi's Accounts Highlight Change In Government'sFinancial Policy

National Bank of Abu Dhabi (NBAD) nearly doubled its loan portfolio in 1994as a result of increased financial demands from the Abu Dhabi Government and theindustrial enterprises which it owns. The bank added Dh7,881mn ($2,146mn) to itsloan portfolio during the year, a rise of 82%. However, the increase in lendingto government bodies is...