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National Bank of Abu Dhabi

Deutsche Bank

The National Investor

National Bank of Abu Dhabi offers a breadth and depth of financial services to both retail and corporate customers that is unmatched in the country.

The largest bank in the UAE in terms of total assets, deposits and branch network, the bank has just reported an all-time record net profit of Dh500 million ($136 million) in the first quarter of 2005, a 132% increase on the first quarter of 2004.

NBAD has a superb range of retail, corporate and investment banking products and it is now playing a leading role on the advisory and lead managing sides of project finance as well as developing its international presence.

The debt award has been won by Deutsche Bank for the extremely impressive $1.65 billion facility arranged for the Dubai Ports Authority to help it acquire international terminal business CSX World Terminals.

CSX is a leading international container terminal developer and operator with businesses spanning Asia, Europe, Australia and Latin America.

Deutsche Bank acted as sole financial adviser, lead manager and initially sole underwriter for the transaction, which was the Port Authority's first borrowing.

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