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UAE bank NBAD approves doubling debt programme to $15bln

Customer uses an ATM machine near the National Bank of Abu Dhabi headquarters.

Customer uses an ATM machine near the National Bank of Abu Dhabi headquarters.

Reuters/Stringer .
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) ((tom.arnold.thomsonreuters.com@reuters.net))
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