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The EU has allowed the bank to start repaying part of its EUR21bn taxpayer bailout.
Dubai will not have any issues in repaying all its debt maturing in 2015, and more state-linked firms are likely to repay obligations ahead of schedule, a top government official said on Tuesday.
Abu Dhabi: In a sign of its robust financial standing and capital adequacy, the National Bank of Abu Dhabi (NBAD) has started repaying the government's support that NBAD received in 2008 in the aftermath of the financial crisis.
The surprise agreement marks a critical victory for outgoing chief executive Kenneth Lewis who is expected to step down from his post by the end of the year, but has said that repaying the government was something he wanted to accomplish before stepping down.
As public anger grows over the scale of claims made by s MPs, many have tried to head off criticism by repaying cash.
This will be a signal that Kyrgyzstan began repaying its debts," Tajikian Kalimbetova said.