Mutual and NBAD: Difference between pages

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imported>Doug Williamson
(Expand.)
 
imported>Doug Williamson
(Create the page. Source: The Treasurer, July 2016, p9.)
 
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An organisation owned and controlled by its customers - who are members of the mutual organisation - although day to day management will often be undertaken by professional managers, especially in larger mutuals.
National Bank of Abu Dhabi.


Building societies and credit unions are mutual organisations.
The overarching financial regulator for the United Arab Emirates, comprising the Registration Authority, the Financial Services Regulatory Authority (FSRA) and ADGM Courts.
 
 
The members do not normally contribute directly to the capital of the organisation.
 
Rather, they derive their rights to vote and to surpluses, from their customer relationship.




==See also==
==See also==
*[[Building society]]
*[[ADGM]]
*[[Credit union]]
*[[ADIBOR]]
*[[Mutual fund]]
*[[United Arab Emirates]]
*[[Shareholder]]

Revision as of 14:26, 19 July 2016

National Bank of Abu Dhabi.

The overarching financial regulator for the United Arab Emirates, comprising the Registration Authority, the Financial Services Regulatory Authority (FSRA) and ADGM Courts.


See also