Sep. 11, 2012 (China Knowledge) - Emirates NBD Bank PJSC, the largest bank in United Arab Emirates, announced yesterday that it will set up a representative office in Beijing
to extend its business in the country.
This is the first time the bank set its representative office in China.
Hesham Abdulla Al Qassim, vice chairman of the bank, said that China has become one of the most important trade partners with the Gulf States over the past ten years, and now it is the best time for Emirates NBD to expand its business in China.
Emirates NBD Bank expects, in the next few years, China to become one of the top three trade partners with United Arab Emirates.
As of Jun 30, 2012, Emirates NBD Bank had US$81.2 billion in total assets.