Emirates NBD expands its branch network in Saudi Arabia
Emirates NBD announced on Monday the expansion of its operations in Saudi Arabia with the recent opening of its branch in Jeddah. The lender plans to “soon" open a branch in Khobar and a second branch in Riyadh, it said in a statement. Saudi Arabia now hosts Emirates NBD’s biggest branch network outside of the UAE and Egypt, it said.
Emirates NBD (DU): AED10.35 as of 16 Apr. 2018, Rating: Buy, TP: AED10.10/share, MCap: USD15,674mn, EMIRATES UH/ENBD.DU
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