Financial and Banking News
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...