TīmeklisFGB is majority owned by the ruling family of Abu Dhabi, who have 67% of the overall shareholding. FGB has recently launched a $650m five-year bond, which is priced at a spread of 210 basis points over mid-swaps. This latest facility is issued under the bank’s $3.5bn medium-term notes programme. This issuance follows FGB’s $500m sukuk ... TīmeklisOf Dubai First acquisition will promote FGB expand its customer base in the UAE, who lender said in a statement. Dubai First has a 4.5 percent share of that UAE’s credit card market and has 464 employees, that statement told. Its most audited accounts showed rough assets of 700 million dirhams, FGB said.
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