NBAD and First Gulf Bank Explore a Merger
Posted on 06/21/2016
National Bank of Abu Dhabi PJSC (NBAD) and First Gulf Bank PJSC (FGB) are in discussions regarding a potential merger, which would create the biggest lender in the Middle East. The combined banking institutions would have more assets than Qatar National Bank SAQ (QNB) at around US$ 170 billion. The Gulf financial sector may encounter […]
