National Bank of Abu Dhabi (NBAD), the largest lender by market value in the UAE, is set to take on regional mandates to add to its home-market advantage, the head of the bank's debt capital markets team said.
The bank is pitching more aggressively for mandates in other Gulf Arab states, Fawaz Abu Sneineh told Reuters in an interview this week.
"We are trying to diversify outside the UAE, especially in the FI (financial institutions) space. We are pitching to Qatari banks, and in Oman," Abu Sneineh said, adding that Jordan, Malaysia and Turkey were also potential markets, but on a more opportunistic basis.
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