Abu Dhabi Commercial Bank Takes Provisions in NMC Health, Finablr, and other Investments

Posted on 01/31/2021

Abu Dhabi Commercial Bank PJSC is one of the largest lenders to fallen hospital operator NMC Health Plc. The Abu Dhabi bank is expecting creditors’ approval for a restructuring plan. Abu Dhabi Commercial Bank recorded 1.66 billion dirhams (US$ 450 million) in provisions and interest in suspense toward NMC, Finablr Plc, and associated companies in […]

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