One of NBAD's branches (Photo Credit: Bank Website)
FAB
FAB
FAB
Abu Dhabi – Mubasher: The National Bank of Abu Dhabi (NBAD) adjusted the conversion rate of senior convertible bonds worth $500 million from $3.44 to $3.40 per share, according to a bourse filing.
The bonds will mature in 2018, the bank said.
During their annual meeting, the shareholders also approved dividends of 45 fils per share for fiscal year 2016.
Source:
Mubasher
