Societe Generale De Banque - Jordanie (ASE:SGBJ) signed an agreement to acquire National Bank of Abu Dhabi Jordan (NBAD Jordan) from First Abu Dhabi Bank P.J.S.C. (ADX:FAB) on July 10, 2018. All NBAD Jordan clients, employees and branches will be transferred to SGBJ. Until the sale is complete, NBAD Jordan remains open for business as usual.

The transaction has been approved by the Central Bank of Jordan. The transaction will be completed over the coming month.