IN THE PRESS
The Asset Recovery Fund (ARF) is pleased to announce the purchase of a AED 1.3 billion (US$ 357m) portfolio of distressed non-performing loans (NPLs), from Abu Dhabi Commercial Bank (ADCB), marking the first such portfolio sale from a local bank in the UAE. Grant Thornton, the UAE’s fifth largest professional services firm, supported this purchase by driving the value of ADCB’s NPLs and matching it with the buyer’s expectations.
Grant Thornton, the UAE’s fifth largest professional services firm, celebrated its 55th anniversary at a lavish gala event.
Grant Thornton UAE introduces a 4-day working week during the month of August.