usiness Combinations (CLO # 1, 3, 5 & 6)

First Abu Dhabi Bank, the UAE's largest lender, was formed through the merger of National Bank of Abu Dhabi and First Gulf Bank in 2017. Abu Dhabi Commercial Bank also completed a three-way merger with Union National and Al Hilal in 2019. Dubai Islamic Bank in 2020 completed its acquisition of competitor Noor Bank.

Task: Select one of these three banks combinations. Then, describe the type and the legal form of the selected banks combination, reasons for the combination, and the major economic advantages and disadvantages.

You should tap into the financial statements of the selected banks and identify the consolidated financial statements properly before and after combination. Analyze the reported financial statements such as formation, equity changes, assets changes, and profit &earnings distribution.

You should demonstrate strong analytical skills by using different techniques such as financial ratios to analyze the firms liquidity and flexibility, discuss the relationship between debt and financial advantage and the ratios used to analyze a firms debt, and use ratios to analyze a firms profitability and its market value.

Provides a comparison of the financial performance over multiple periods, so that you can determine trends.

While undertaking the task, each student should open a demo account with BHM capital platform available in the trading simulation room located in Al Ain University to access the updated financial data of the selected listed banks.

Key Facts:

The assignment should be in a word format (2500 words).

Structure of your work:

Part 1: Introduction and Background (3 points)

Part 2: Theoretical framework, content analysis and legal form (4 points)

Part 3: Analyze the reported consolidated financial statements (5 points)

Part 4: Financial analysis, comparison & discussion (5 points)

Part 5: Conclusion (3 points)