FAB
NBAD
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12.44
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NBAD
Riyadh – Mubasher: First Abu Dhabi Bank (FAB) has opened its second branch in Saudi Arabia at Al Khobar.
The step comes along with the bank’s plan to expand its footprint in Saudi Arabia over the coming period to meet its customers' demand, according to the bank’s bourse statement.
The UAE lender will open the third branch at Jeddah in the coming period.
Last week, Abdul Hamid Mohammed Saeed, CEO of FAB, said that the bank is about to open another branch in Saudi Arabia soon.
FAB is already operating in Saudi Arabia, Kuwait, Lebanon, Qatar, Oman, and Bahrain.
Source:
Mubasher