Abu Dhabi – Mubasher: The combined entity of the National Bank of Abu Dhabi (NBAD) and First Gulf Bank (FGB) achieved AED 13.9 billion worth of goodwill in 2016, compared to AED 13.7 billion a year earlier, WAM news agency reported.
The total assets of the NBAD and FGB reached AED 670.5 billion by the end of 2016, according to the two banks’ pro forma financials as of 31 December 2016.
Customer accounts and other deposits amounted to AED 400.3 billion, while total loans stood at AED 356.2 billion.
Source:
Mubasher