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Wednesday, 1 March 2017

FGB, NBAD merger will lead to a stronger financial institution, FGB CEO says | GulfNews.com

FGB, NBAD merger will lead to a stronger financial institution, FGB CEO says | GulfNews.com:

"The merger of First Gulf Bank (FGB) with National Bank of Abu Dhabi (NBAD) will lead to a stronger financial institution that can compete at the international level and capture trade that is coming to the UAE, the chief executive officer of First Gulf Bank said in Abu Dhabi.
Speaking to the media after the annual general meeting during which the bank got shareholder approval for the merger, Andre Sayegh said the purpose of the merger is to add value and create a stronger financial institution.
“The purpose of the merger is to add value for the country, for the banking sector as a whole and for shareholders as well. We are going to see a stronger financial institution that can compete at the global scale and bring more revenue,” he said."



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