My story on the National Bank of Abu Dhabi’s fledgling operation in Hong Kong, published in The National’s Business section, part of the growing economic integration between the Gulf and East Asia.
NBAD opened up in December 2009 and is working to recruit staff, get its name known and become self-sufficient. It hopes to open further branches in mainland China and Malaysia by the end of 2010, with further branches in Singapore, Indonesia and Vietnam in the pipeline.
The most interesting bit for me was what NBAD’s regional manager Ernest Law said about the Hong Kong view of the Dubai World crisis:
“The Dubai World incident helped us in a positive way,” said Ernest Law, the regional manager of NBAD and a Hong Kong native with 25 years of banking experience.
“Everybody is looking at that area with great interest now and they are starting to distinguish between the credit differential between Dubai and Abu Dhabi.”
The full story is here.
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