Abu Dhabi – Mubasher: The National Bank of Abu Dhabi (NBAD) said its unification of merged operations and records with First Gulf Bank (FGB) requires 18-24 months to be completed sometime around 2019, WAM news agency reported.
The NBAD-FGB merger took effect on 2 April, resulting in the formation of a new combined banking entity named First Abu Dhabi Bank.
The new bank is now the “largest” bank in the UAE and MENA with total assets in excess of AED 670 billion ($180 billion).
The unification roadmap includes a standardised electronic system and an overall restructuring.
