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Emirates NBD to use blockchain in cheques

Italian bank Intesa Sanpaolo has set up two new branches in Abu Dhabi and Doha as it continues to strengthen its growing international network and increase its presence in the Middle East. Intesa Sanpaolo operates in the gulf through an 100% owned specialist investment bank Banca IMI. The bank opened the new branches in Qatar and the UAE. Intesa Sanpaolo has been present in Dubai since 2008 from where it operates its regional hub. The new offices will allow the bank to provide its clients with a wide range of tailored financial solutions, including corporate and investment banking and trade finance. A specific focus will be placed on structured export finance services and on sectors experiencing strong regional growth and where Intesa Sanpaolo has significant expertise and industry knowledge, such as oil and gas, fashion and luxury, and infrastructure and transport.

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