Qamber Ali Al Mulla, Senior General Manager of NBAD’s International Banking Division, said: “This is just the beginning of our strategic initiative for the Far East where we intend future expansion with Hong Kong being made the Regional Head Quarters.”
“NBAD’s branch in Hong Kong will be equipped to provide a full range of banking services and products, and will play a vital role in boosting the trade between UAE and Far East, particularly Hong Kong and China, and facilitate business dealings between the two countries,” he added.
The bank plans to continue with its expansion strategy in new markets. It intends to increase the number of its branches in existing locations such as Oman, Bahrain, Kuwait, and Egypt.
