National Bank of Bahrain (NBB) on Monday said that it planned to enter Saudi, UAE and Qatari markets as part of the bank’s regional expansion.
Abdul Razak Al Qassim, Chief Executive Officer and Director, on the sidelines of the bank’s 54th meeting of the general assembly of shareholders, he said that in the wake of financial meltdown which hit the markets two years ago, the bank had made a tactical decision to focus on the local Bahraini market.
However, he added, Riyadh, Abu Dhabi and Qatar will be among the expansion plans within the region.