"First Gulf Bank is temporarily deferring the issuing of its Euro Medium Term Note (EMTN) program pending more stable and favourable international market conditions. Abu Dhabi in general and FGB in particular now enjoy increased credibility in the global marketplace due to recent upgrades by international rating agencies.
As such, FGB is in a stronger position to await optimum market conditions for the benefit of the institution and its shareholders," said André Sayegh, CEO, First Gulf Bank.
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First Gulf Bank defers its EMTN program
- United Arab Emirates: Wednesday, July 11 - 2007 at 13:33
- PRESS RELEASE
Awaiting optimum international market conditions.
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Posted by Lara Lynn Golden, News EditorWednesday, July 11 - 2007 at 13:33 UAE local time (GMT+4)
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