last trade: 8.460 AED (18 January 2018) 0.01
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DUBAI, (Reuters) - Emirates NBD, Dubai’s largest bank, has appointed Standard Chartered and other banks to lead a potential Formosa bond issue, sources familiar with the matter said.Formosa bonds are sold in Taiwan by foreign issuers and are denominated in currencies other than the Taiwanese dollar.The potential deal would be Emirates NBD’s first public Formosa bond sale.Emirates NBD declined to cReuters News - 1 day ago
Potential Formosa bond issue, sources familiar with the matter said.Reuters News - 1 day ago
Anthony Taylor appointed Head of Real Estate as Tim Rose steps down.Press Release - 16-Jan-2018
Dubai - Emirates NBD (DFM: EmiratesNBD), a leading bank in the region, delivered a strong set of results with record net profit of AED 8.35 billion in 2017, up 15% y-o-y. Net interest income improved 7% y-o-y due to loan growth and the positive impact of recent rate rises. The operating performance was also supported by higher non-interest income, lower expenses and an improved cost of risk. The BPress Release - 16-Jan-2018