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Monday, 1 May 2017

First Abu Dhabi Bank Mulls Expanding to Saudi, CEO Tells Khaleej - Bloomberg

First Abu Dhabi Bank Mulls Expanding to Saudi, CEO Tells Khaleej - Bloomberg:

"First Abu Dhabi Bank is "seriously studying" expanding into Saudi Arabia, either through acquisitions or a new license, its chief executive officer told Al Khaleej newspaper.

All opportunities for local and foreign acquisitions are open to the bank, Abdulhamid Saeed, said in an interview with the Arabic daily. First Abu Dhabi Bank was created with the merger of National Bank of Abu Dhabi PJSC and First Gulf Bank PJSC, the United Arab Emirates’ two largest lenders by market value."



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