Commenting on the appointment of Paul Keating, Ala'a Eraiqat said: "We are proud that ADCB
has reached a level that allows it to attract the world's best risk management professionals.
Through this agreement, ADCB
aims at partnering with the FSRA on a range of FinTech-related initiatives and activities.
We look forward to making this a success through the deployment of solutions that solve some of our common challenges," said Afolayan Taylor, Head - Group Service and Customer Experience Management, at ADCB
RTA has an agreement with the ADCB
on a plan for the payment of fines and seasonal parking fees through interest-free instalments over three, six, nine or 12 months," said Yousuf Al Reda, CEO of RTA's Corporate Administrative Support Services Sector.
Colin Fraser, the head of wholesale banking at ADCB
said: "We are committed to playing an integral role in the development of the UAE's critical infrastructure and proud to be the key relationship bank for Abu Dhabi Terminals.
The deal is one of many initiatives undertaken by ADCB
to encourage the socio-economic progress of Abu Dhabi through the emirate's development goals.
The 10-year loan is the first such facility agreed between ADCB
and NIC, which also owns Marina Mall.
Commenting on the awards, Arul Kandasamy, Head, ADCB
Investment Banking Group said: "ADCB
are honoured to be recognised by The Banker, a prestigious global financial intelligence magazine.
This capability is recognised in the market - ADCB
was voted third best cash management bank in the MENA region by Euromoney-the highest ranking of any regional bank.
The troubled, 40%-state-owned Lloyds and ADCB
provided no comment to Reuters.
During the agreement signing, ADCB
Islamic Banking head Amr al-Menhaliat said: "Millionaire Destiny Savings Account (MDSA) has become a very popular account in the UAE.
sold a MYR750m (USD239m/EUR174m) conventional bond in 2010 making it a known face for investors in Malaysia, which is one of the main Islamic debt markets in the world.