Browse related articlesNBAD nods on 40% cash dividend
United Arab Emirates: Monday, March 24 - 2008 at 08:57
The National Bank of Abu Dhabi (NBAD) has approved the proposed 40% dividend of the nominal share value in cash and 20% in bonus shares, reported Gulf News. The bank said its total assets hiked by 38% to Dhs140bn. Loans have increased by 39% and customers' deposits by 16% to Dhs82bn. NBAD said it does not have any exposure to the US sub-prime mortgage crisis.
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Medilyn Manibo, Assistant News EditorMonday, March 24 - 2008 at 08:57 UAE local time (GMT+4)
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