Emirates NBD is expected to sell additional levels from the first level of up to $ 750 million, which will be non-summoned 6 years ago and received more than $ 1.6 billion.
According to Arab Net based on a document issued by a bankrupt, expected to be launched Thursday, the final price measurement of 4.25% and 4.375% of an initial guidance price at nearly 4.5% and the bond price will be in this range. p>
Emirates NBD profits increased by 12% in the first quarter of this year compared to the same period last year, up to 2.3 billion dirhams, and increase 76% compared to the previous quarter.
Analysts' expectations indicate profits worth a billion and 600 million dirhams.
This comes despite a 10% decline in an annual basis.
The Bank has reduced its provisions by 31% in the first quarter on an annual basis, while the ratio of 6.1%. Provisions coverage rose to 125%.
Emirates NBD has reduced its costs by 9% on an annual and exclusive basis.
Emirates NBD plans to collect $ 1.75 billion in the first sustainable loan in the Gulf Refinerance, according to persons familiar with plans.
