Oxford Business Group’s publication provides detailed analysis of banking

sector’s performance

3177Abu Dhabi, 28 January 2015: The key part that Abu Dhabi’s financial institutions are

playing in driving the emirate’s long-term economic development plans will be explored in a forthcoming report to be produced by the global publishing firm, Oxford Business Group (OBG).

The Report: Abu Dhabi 2015 will provide detailed analysis of the sector’s performance, with a particular focus on the ‘big five’ lenders, who all recorded net profits and increased lending last year. There will

be in-depth coverage of the contribution that Abu Dhabi’s banks are making to the emirate’s major

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The big lenders’ expansion strategies are also a focal point of OBG’s latest Economic Update on the emirate. The update, which can be found on the Group’s website, mulls the potential that the established cities and expanding hubs in the West-East corridor hold for Abu Dhabi. It also considers how the emirate’s lenders performed in the first half of 2014.

The National Bank of Abu Dhabi (NBAD) has once again signed a Memorandum of Understanding (MOU) on research with OBG for its

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latest report on the emirate’s economy. Under the MOU, OBG will have access to the bank’s resources to compile the Banking Chapter of The Report: Abu Dhabi 2015.

NBAD’s Group CEO Alex Thursby said the bank’s renewed partnership with OBG came at a time of significant activity across Abu Dhabi’s economy, and the emirate’s banking

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sector in particular. “The banks are playing a pivotal role in supporting Abu Dhabi’s efforts to develop key sectors identified as ripe for growth under the government’s economic diversification strategy,” he said. “We look forward to exploring the latest developments in the sector with Oxford Business Group and contributing once again to its research.”

OBG’s Managing Editor Oliver Cornock agreed that Abu Dhabi’s banking sector was proving to be a key

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facilitator of the emirate’s bid to broaden its coupon for cialis economic base.

“While competition is fierce across Abu Dhabi’s banking industry, especially in the retail segment, the UAE’s strong fundamentals and strategic location have enabled the emirate’s lenders to identify innovative ways of expanding, which make for interesting analysis,” he said. “Our longstanding partnership with NBAD, which is now in its

seventh year, will highlight the significance of these and other developments, while considering how they dovetail with Abu Dhabi Economic Vision 2030’s objectives.”

The Report: Abu Dhabi 2015 will be a vital guide to the many facets of the emirate, including its macroeconomics, infrastructure, banking and

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other sectoral developments. The publication will feature

interviews with a broad range of leading personalities.

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The report will be available in print or online. The Report: Abu Dhabi 2015 will be published in early 2015 and will be available for pre-order.

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