ADIB targets corporate lending boost, Saudi expansion in 2024

25/01/2024 Argaam
Logo ofAbu Dhabi Islamic Bank

Logo of Abu Dhabi Islamic Bank

Mohamed Abdel Bary, Abu Dhabi Islamic Bank (ADIB) CFO, stated that the bank aims to seize more opportunities in corporate lending this year as part of its growth strategy and to take advantage of opportunities in the commercial and real estate sectors.

 

Internationally, the bank is looking to grow in Saudi Arabia and continue investing in Egypt, despite challenges, the CFO told Reuters.

 

Abdel Bary said Saudi Arabia is attractive on many fronts and offers many opportunities for participation in various industries, aligning with the bank's risk appetite.

 

He concluded that, due to their significant presence in Egypt, Saudi Arabia might receive more focus in the near future.

Comments {{getCommentCount()}}

Be the first to comment

{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
{{comment.Replies.length}}
تعديل
loader Train
Report
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.