In today’s briefing:
- Emirates NBD’s Entry Redefines RBL Bank’s Growth Trajectory
Emirates NBD’s Entry Redefines RBL Bank’s Growth Trajectory
- Emirates NBD to invest USD3 billion for a controlling stake of up to 74% in RBL Bank through a mix of preferential issue and open offer.
- The deal boosts RBL’s capital strength, global linkages, and business mix amid ongoing margin and asset-quality challenges.
- Short-Term earnings may stay uneven, but the investment sets up a long-term re-rating opportunity dependent on execution, regulation, and credit control.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Data and News
- ✓ Events & Webinars
