Arab Today, arab today nbad launches €1bnfrench cd program
Last Updated : GMT 21:55:53
Arab Today, arab today
Arab Today, arab today

NBAD launches €1bn French CD Program

Arab Today, arab today

Arab Today, arab today NBAD launches €1bn  French CD Program

Abu Dhabi - WAM

The National Bank of Abu Dhabi-Paris (NBAD-Paris) has launched a 1 billion Euro French Certificate of Deposit (CD) programme which offers greater diversification to institutional investors and corporate treasuries. The multi-currency CD is issued under the STEP (Short Term European Papers) label, giving the programme eligibility as collateral for European Central Bank operations. The CD, which is offered in Euros, GB Pounds, US Dollars and Swiss Francs, is a short-term programme with a maturity of up to 365 days. \"This CD program expands NBAD-Paris\' range of products to our core clients who are major corporate companies and investors,\" said Fadi Halout, the General Manager of NBAD-Paris. \"As NBAD-Paris continues to expand our client base, we are introducing innovative products and services to meet the increasing demands and needs of our clients.\" The maximum amount to purchase under this program is 1 billion Euros. The interest rate depends on the maturity period (from 1day to 1 year), and the currency it is issued under. The rate would be aligned with other short-term papers issued by NBAD, such as Euro-CP or London CD. \"This CD program offers geographical diversification to French investors who also appreciate NBAD\'s top rating and safety,\" said Reynald Nicod, the Treasurer at NBAD-Paris. NBAD has been ranked by Global Finance one of the World\'s 50 Safest Banks since 2009. The Bank is rated senior long term/short term A+/A-1 by Standard \'&\' Poor\'s (S\'&\'P), Aa3/P1 by Moody\'s, AA-/F1+ by Fitch, A+ by Rating and Investment Information Inc (R\'&\'I) Japan, and AAA by RAM (Malaysia) , giving it one of the strongest combined ratings of any Middle Eastern financial institution. NBAD-Paris was launched in 1979. It is part of NBAD\'s international network, which spans 19 countries across five continents from the Far East to the Americas.  

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today nbad launches €1bnfrench cd program Arab Today, arab today nbad launches €1bnfrench cd program

 



Arab Today, arab today
Arab Today, arab today Hats, scarves add beauty to women

GMT 19:10 2017 Friday ,17 February

Hats, scarves add beauty to women
Arab Today, arab today Tourist guide reveals methods of tourist attractions

GMT 17:46 2017 Saturday ,18 February

Tourist guide reveals methods of tourist attractions
Arab Today, arab today To release new antiques collection

GMT 20:33 2017 Friday ,17 February

To release new antiques collection
Arab Today, arab today Leader Omar Abdel Rahman dies in US prison

GMT 19:00 2017 Sunday ,19 February

Leader Omar Abdel Rahman dies in US prison
Arab Today, arab today Murder of 2 reporters in Dominican Republic

GMT 22:45 2017 Thursday ,16 February

Murder of 2 reporters in Dominican Republic
View News in Arabic - Business: مصارف
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Kidogo provides childcare for underserved

GMT 20:24 2017 Wednesday ,15 February

Kidogo provides childcare for underserved
Arab Today, arab today Tragic fluctuations of Bakhtiari's life revealed

GMT 06:50 2017 Wednesday ,15 February

Tragic fluctuations of Bakhtiari's life revealed
Arab Today, arab today London to tax old cars

GMT 14:06 2017 Friday ,17 February

London to tax old cars
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today Competes Sweden and Germans by S90

GMT 22:36 2017 Thursday ,16 February

Competes Sweden and Germans by S90
Arab Today, arab today Porsche reveals new 2018 Panamera

GMT 17:31 2017 Wednesday ,15 February

Porsche reveals new 2018 Panamera
Arab Today, arab today Actress Nadeen Al Rassi views art as her entity

GMT 07:30 2017 Saturday ,18 February

Actress Nadeen Al Rassi views art as her entity
Arab Today, arab today Teach monkeys to recognize themselves in mirror

GMT 20:41 2017 Wednesday ,15 February

Teach monkeys to recognize themselves in mirror

GMT 07:05 2017 Friday ,17 February

Singer Diana Karzon will issue a new album soon

GMT 06:40 2017 Friday ,10 February

MP calls for removing text from Islamic story

GMT 13:16 2017 Tuesday ,14 February

First fashion model with Down syndrome

GMT 10:26 2017 Tuesday ,14 February

Emergency UN meeting in Harare

GMT 14:04 2017 Tuesday ,14 February

"Lagom" new Swedish concept in interior design

GMT 12:07 2017 Thursday ,16 February

Bite-mimicking malaria vaccine

GMT 09:03 2017 Thursday ,16 February

Tour guide praises women’s beaches

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre

GMT 21:42 2017 Sunday ,12 February

Rania al-Ghazali designs candles of bubbles
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday