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NBAD gets licence to operate in Hong Kong

Posted on 21 May 2009

From Tradearabia.com: National Bank of Abu Dhabi (NBAD), the Number One Bank in the UAE, has received the approval of the Hong Kong Monetary Authority (HKMA) to open a full fledged branch in Hong Kong.

‘This step comes in line with the Bank’s strategy to expand in regions that offer attractive opportunities for the banking industry’ said Qamber Ali Al Mulla, senior general manager of NBAD’s International Banking Division…….Full Article: Source

 
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Laxman - who has written 19163 posts on Opalesque Islamic Finance Briefing.


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