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Dubai Bank eyes global reach
- United Arab Emirates: Monday, September 01 - 2008 at 09:28
Dubai Bank is aiming to become a major global Islamic lender over the next five years, and is eyeing through acquisitions, Reuters has reported. The bank has set up a $5bn financing programme to its aid expansion. As a unit under Dubai Banking Group, a unit of Dubai Holding, the group is looking into further expansions in Asia and Africa through the Dubai Bank brand.
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Medilyn Manibo, Assistant News EditorMonday, September 01 - 2008 at 09:28 UAE local time (GMT+4)
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