|
|
UAE bank opens branch in Egypt
|
|
IANS/WAM | 06 Feb, 2012
The National Bank of Abu Dhabi (NBAD) has opened its 29th branch in Egypt, it was announced Saturday.
NBAD
plans to open 50 branches in Egypt by 2015. The new Shoubra Branch is
strategically located in one of the largest districts of the Greater
Cairo area.
"NBAD opened its first overseas branch in Cairo in
1975. Since then, Egypt remains an important and critical market for us
as can be witnessed by our growth and future plans for the country,"
said Qamber Ali Al Mulla, senior general manager of NBAD's International
Banking Division.
NBAD has 51 branches in 12 countries in Asia, North America, Africa and the Middle East.
|
|
|
| |
|
|
|
|
|
| Top Stories |
 |
|
|
|
| |
| Commented Stories |
|
|
|
|
|
|
| Customs Exchange Rates |
| Currency |
Import |
Export |
US Dollar
|
53.10
|
52.25 |
UK Pound
|
86.00
|
84.15 |
Euro
|
70.35
|
68.70 |
| Japanese
Yen |
65.50 |
63.85 |
| As on 18 May, 2012 |
|
|
| Daily Poll |
 |
 |
| Do you think RBI's deregulation of export credit interest rate in foreign currency will affect exporters? |
|
|
|
|
|
|
|
| |
|
