The National Bank of Abu Dhabi launched its commercial banking operations in Malaysia on Monday, and will also debut in Shanghai this week as part of its expansion in Asia.
Senior General Manager for international banking, Qamhar Ali Al Mulla, said the United Arab Emirates' top lender was a latecomer in Asia with its first branch launched in Hong Kong just three years ago.
He said the bank will launch an office in Shanghai, its first to tap China's mass market, on Wednesday and is eyeing to acquire a bank in Indonesia.
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