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NBAD Opens New Branch In Egypt

As a part of its plan to enlarge the branch network to 50 branches by 2013

National Bank of Abu Dhabi (NBAD) has opened its 27th branch in Egypt as a part of its expansion plan to enlarge the branch network in Egypt to 50 branches by 2013. Reportedly, this branch will offer customers access to all of the bank’s products and services.

Qamber Ali Al Mulla, senior general manager of NBAD’s international banking division, said: “This step comes in line with the bank’s strategy to expand in regions that offer attractive opportunities for the banking industry.”

Opening NBAD’s branch underpins our international network, which is the largest overseas network of all UAE local banks; It stretches from Oman, Kuwait, and Bahrain in the GCC, Egypt, Libya and Sudan in Africa, London, Paris, and Geneva in Europe to Washington DC in the US. In addition, NBAD is opening its branches in Hong Kong and Amman, Jordan in Q4 2009,” he added.