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The National Bank of Abu Dhabi (NBAD), has opened its Shanghai Representative Office, in the People’s Republic of China.
The launch of the NBAD Shanghai Representative Office raises NBAD’s active operations to 14 countries, and its second in the Far East following the launch of NBAD-Hong Kong in 2009.
"The opening of the Bank’s operations in mainland China is in parallel with the UAE’s increasing role as the enabler of commerce between east and west," said Qamber Ali Al Mulla, the Senior General Manager of the International Banking Division of NBAD.
"NBAD’s expansive international network would offer clients in the UAE, China and beyond a comprehensive, professional and truly global financial service. Closer to home, NBAD is strategically positioned to capture the trade and investment flows between the UAE and the MENA region and Hong Kong, China and other key Asian economies," he added.
NBAD has obtained a banking license in Malaysia and will shortly open for business. The Bank has further expansion plans including Lebanon, Iraq, India, South Sudan and other key destinations in MENA and beyond.
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