Article length: 126 words

UAE: Further banking consolidation on the cards in Abu Dhabi

Abu Dhabi is pushing for further consolidation among the emirate’s banks, with Abu Dhabi Commercial Bank (ADCB) holding merger talks with both Union National Bank and Al-Hilal Bank. All three institutions are either wholly- or majority-owned by the emirate’s government.

Go to full article

Credit value: 1

African Energy Gulf States Newsletter