|
|
Article: NBAD opens new branch in Egypt.
- Article from:
- TradeArabia (Manama, Bahrain)
- Article date:
- September 8, 2009
CopyrightCOPYRIGHT 2009 Al Bawaba (Middle East) Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
Byline: Cairo
National Bank of Abu Dhabi (NBAD) has announced the opening of its 27th branch in Egypt at Senzo Mall in Hurghada, Red Sea.
The move is in line with its expansion plan to enlarge the branch network in Egypt to 50 branches by 2013, according to a statement from NBAD.
"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.
"The new branch is located in a very unique location in the south of Hurghada -- Red Sea; Senzo Mall is considered the first mega mall ...