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Article: NBAD Opens its 27th Branch in Egypt
- Article from:
- Al Bawaba
- Article date:
- September 8, 2009
CopyrightCopyright 2009 Al Bawaba. Provided by ProQuest LLC. (Hide copyright information)
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National Bank of Abu Dhabi (NBAD) has announced the opening of
its Egypt's 27th branch in Senzo Mall in Hurghada, Red Sea in line
with its expansion plan to enlarge the branch network in Egypt to 50
branches by 2013.
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
in the city and a landmark being located at the roundabout leading
to the cities south of Hurghada (i.e. Safaga and Marsa Alam) and
also leading to the new resorts in Sahl Hasheesh.
"This step comes in line with the Bank's strategy to expand in
regions that offer attractive opportunities for the banking
industry," said Mr. Qamber Ali Al Mulla, ...