16.09.2010 - NBAD plans Malaysia unit, sees more in Asia

From Tradearabia.com: National Bank of Abu Dhabi (NBAD), the second largest lender in the UAE by assets, plans to set up a new bank in Malaysia as it seeks to expand its Asian operations, its chief executive said on Wednesday. NBAD has secured a licence to set up a new bank in Malaysia with a capital of 300 million ringgit ($96 million) that will open in 2011, Michael Tomalin told Reuters in an interview..............................................Full Article: Source

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