News
RETAIL BANKING | Cesar Tordesillas, Malaysia
view(s)

National Bank Of Abu Dhabi expands in Malaysia

The National Bank of Abu Dhabi has opened its wholly-owned subsidiary in Malaysia to extend its expansion to 14 countries.

 

The subsidiary is named the National Bank of Abu Dhabi Malaysia Bhd.

"Malaysia represents a strategic importance as a regional hub. The move demonstrates our confidence in the local market and in our ability to provide excellent products and services in the region," says Qamber Ali Al Mulla, the bank's Senior General Manager (International Banking Division) in a statement.

The bank said Southeast Asia was one of the world's fastest-growing regions with a strong commercial link to the United Arab Emirates and the six-nation Gulf Cooperation Council.

The UAE was Malaysia's biggest trading partner in the GCC last year with RM21.06 billion trade flows while bilateral trade with the GCC stood at RM 43.76 Billion.

For more.

Do you know more about this story? Contact us anonymously through this link.

Click here to learn about advertising, content sponsorship, events & rountables, custom media solutions, whitepaper writing, sales leads or eDM opportunities with us.

To get a media kit and information on advertising or sponsoring click here.