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Monday, 13 March 2017

NBAD and FGB merger on track to complete by April 1 | The National

NBAD and FGB merger on track to complete by April 1 | The National:

"The merger of Abu Dhabi’s two biggest banks is on track to complete by April 1.

The boards of National Bank of Abu Dhabi and FGB, its closest competitor in the emirate, have met to hammer out the final details of the combination.

"We are confident that the merger process will be successful and that we have selected very capable and experienced individuals for our board who are instrumental in driving our plans forward and desired outcomes," said Sheikh Tahnoon bin Zayed, the chairman-designate of the new bank."



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