Abu Dhabi - Mubasher: National Bank of Abu Dhabi (NBAD) expects its loans to witness more growth in 2016, in return for slight withdrawal of governmental deposits, said Alex Thersby, CEO and General Manager.
“We see growth in revenues, in addition to increase of loans with moderate rate,” added CEO in exclusive statement to Mubasher.
NBAD posted profits of AED 5.23 billion ($1.43 billion) in the fiscal year 2015, down 6.22% from AED 5.56 billion ($1.52 billion) in the fiscal year 2014.
