FAB opens Jakarta office to support Mena-Indonesia trade, investment

  • Date: 17-Dec-2020
  • Source: Emirates Business
  • Sector:Financial Services
  • Country:UAE
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FAB opens Jakarta office to support Mena-Indonesia trade, investment

FAB opens Jakarta office to support Mena-Indonesia trade, investment Admin 2 hours ago Local News, UncategorizedAbu Dhabi / WAMFirst Abu Dhabi Bank (FAB) announced the expansion of its global network into Asia with the opening of a representative office in Jakarta, Indonesia. FAB Indonesia will serve as a bridge to facilitate trade and investment flows between the UAE, wider GCC region, Egypt and Asia. The representative office will support bank customers with interests in Indonesia, providing liaison and consulting services and market insights, as well as building relationships with public and private sector organisations and correspondent banks in Indonesia. It will also connect top-tier corporate and financial institution clients in Indonesia interested in conducting business in the UAE, GCC and Egypt, and facilitate government-to-government strategic partnerships and initiatives. André Sayegh, Group Chief Executive Officer, FAB, said, “FAB's new representative office in Jakarta follows our group's international growth strategy and will support our clients, the UAE, wider GCC and Egypt's international trading ties. As the largest economy in South-East Asia and a strategically important trading partner for our region, Indonesia is a growing destination for UAE investment abroad, and one with great future potential. Through our representative office, FAB