Executive Focus: It's advantage borrowers in banking

For Michael Hardwick Tomalin, the chief executive officer of the National Bank of Abu Dhabi (NBAD), the number two bank in the UAE in terms of both assets and net profit, steering his bank through a tough period is not a big deal.

Last updated:
1 MIN READ

Tomalin
In view of the unfavourable developments last year and the record low interest rate in the market, how do you foresee your bank's performance this year?
Do you think that corporate lending avenues are shrinking? How far the low interest rates impacted your bank's performance?
Do you think that a time has come when companies will look towards issuing bonds rather than approaching banks for their funding?
Are you working on any bonds for companies or government bodies, or any bond for your own funding?
Will you be keen on opening an office in DIFC?
Do you have any plan to enter any other GCC country?
What will be NBAD's strategy for this year?

Sign up for the Daily Briefing

Get the latest news and updates straight to your inbox