Expats Living in Shanghai

The National Bank of Abu Dhabi, one of the largest banks in the United Arab Emirates,announced on Oct 10 the opening of its Shanghai representative office, its first on the 

Chinesemainland.

"Asian markets, especially China, have a vital strategic importance to our global operationsafter our entrance to the Asia market in 2009 with the establishment of the Hong 

Kong branch,"said Michael Hardwick Tomalin, NBAD group chief executive.

The Shanghai office, together with the Hong Kong branch, will serve as a gateway to the UAE,the Middle East and North Africa for NBAD's customers in China.

According to China Banking Regulatory Commission directives, NBAD's presence in Shanghaiwill be operating as a representative office for two years with mainly consulting 

services andNABD will later apply to set up a branch that can offer more services.

Townscape Housing is a housing rental agency specializing in finding high end properties for foreigners to rent in Shanghai. Our property listings are extensive and we offer a long standing, in-depth expertise in helping expats in their housing and rental needs while in Shanghai.