- Financial Services
28 February, 2017
UAE bank NBAD approves doubling debt programme to $15bln
Customer uses an ATM machine near the National Bank of Abu Dhabi headquarters.
ABU DHABI, Feb 28 (Reuters) - National Bank of Abu Dhabi shareholders on Tuesday approved a doubling of its euro medium term note (EMTN) programme to $15 billion from the existing level of $7.5 billion.
The changes to its debt programme were approved at the bank's annual general meeting.
(Reporting by Tom Arnold & Stanley Carvalho in Abu Dhabi; writing by Alexander Cornwell in Dubai; editing by Jason Neely) ((email@example.com))