Dubai’s Top Bank Accelerates Asia Push As Flows Surge

Emirates NBD Bank PJSC is expanding its footprint in Asia as capital flows between the Middle East and fast-growing Asian markets gather pace.

“Many Asian corporates are expanding operationally into the Middle East, and funding is a natural part of that,” Hitesh Asarpota, chief executive officer at Emirates NBD Capital, the bank’s investment banking unit, said in an interview. The firm has seen “growing demand from Asian issuers to access Middle East liquidity, particularly across loans and bond markets.”