Abu Dhabi Banks Maneuver for $137 Billion in Asia to Africa - Bloomberg

Abu Dhabi Banks Maneuver for $137 Billion in Asia to Africa - Bloomberg:

"Abu Dhabi’s largest lenders are embarking on an overseas expansion drive in pursuit of a $137 billion corporate-banking market stretching from Asia to Africa.
National Bank of Abu Dhabi PJSC, the emirate’s biggest lender, is planning hubs in cities such as Mumbai and Lagos to boost growth and fees, while second-ranked First Gulf Bank PJSC (FGB) is seeking to more than double the share of profit at its international unit and plans offices in China and Indonesia. Abu Dhabi Islamic Bank PJSC (ADIB), the emirate’s largest bank complying with Muslim banking rules, is expanding in North Africa."

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