Arab Today, arab today ahli united bank limited first gcc bank with category 1 license to launch operations at dubai intl financial centre
Last Updated : GMT 04:12:56
Arab Today, arab today
Arab Today, arab today

Ahli United Bank Limited first GCC bank with Category 1 license to launch operations at Dubai Int'l Financial Centre

Arab Today, arab today

Arab Today, arab today Ahli United Bank Limited first GCC bank with Category 1 license to launch operations at Dubai Int'l Financial Centre

Dubai International Financial Centre
Dubai - WAM

Dubai International Financial Centre today welcomed Ahli United Bank Limited (AUBL), a 100 percent subsidiary of Ahli United Bank B.S.C., as the first bank in the GCC region to receive the Category 1 license from the Dubai Financial Services Authority (DFSA).

On opening the new quarters of the bank in DIFC, Essa Kazim, Governor of DIFC, met a delegation from the bank management. The delegation included Adel El-Labban, Managing Director & Group CEO of AUB Group and C B Ganesh, who has been appointed Chief Executive Officer of AUBL’s new branch at DIFC. Through its offices in DIFC, AUBL offers corporate banking, private banking, wealth management, trade finance, treasury and cross-border financial products and services to clients based in the UAE as well as the wider Middle East region.

The expansion into the UAE market, through a presence in DIFC, is in line with AUB Group’s strategy to develop an integrated banking presence in markets across the GCC region and to act as a preferred regional intermediary for clients with regard to securing their cross border banking needs. AUB Group is already present in the UK, Bahrain, Kuwait, Oman, Egypt, Iraq and the UK.

Speaking on the launch of operations of AUB Group, Kazim , said: "We are pleased to welcome Ahli United Bank Limited to DIFC as the first GCC bank to receive a Category 1 license. AUBL’s landmark decision to operate out of the Centre reinforces our 2024 Strategy and further strengthens DIFC’s position as a leading global hub for businesses and financial institutions seeking growth opportunities across the Middle East, Africa and South Asia. Our enabling and robust platform is continuously evolving to give clients the confidence to leverage new corridors for the continued expansion of their operations."

Adel El-Labban, Managing Director & Group CEO of AUB Group, said, "We are grateful for the support and cooperation we have received from DFSA and DIFC. The launch of our operations in the UAE, which is a strategic hub and market, represents yet another important milestone in AUBL’s evolution as a truly diversified regional bank. We look forward to effectively servicing our UAE and regional customers through a dedicated presence in this country as their trusted partner of choice."

C B Ganesh, CEO of AUBL at DIFC, said, "Our presence in DIFC allows us to work closely with our existing clients in the UAE and attract new client base. AUBL has already registered high interest from AUB Group clients across the UAE and the region. In the upcoming period, we will work to significantly develop and enhance these relationships through offering tailored, need-based services."

Source:WAM
arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today ahli united bank limited first gcc bank with category 1 license to launch operations at dubai intl financial centre Arab Today, arab today ahli united bank limited first gcc bank with category 1 license to launch operations at dubai intl financial centre

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today ahli united bank limited first gcc bank with category 1 license to launch operations at dubai intl financial centre Arab Today, arab today ahli united bank limited first gcc bank with category 1 license to launch operations at dubai intl financial centre

 



Arab Today, arab today
Arab Today, arab today Youssra depended on colored foam

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
Arab Today, arab today Egypt tourism revival steady but slow

GMT 16:04 2017 Tuesday ,19 September

Egypt tourism revival steady but slow
Arab Today, arab today Etiquette expert underlines importance of gifts

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts
Arab Today, arab today 600,000 children may flee to Bangladesh

GMT 06:49 2017 Monday ,18 September

600,000 children may flee to Bangladesh
Arab Today, arab today Equifax executives step down

GMT 16:16 2017 Saturday ,16 September

Equifax executives step down
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Ministry seeks to improve education

GMT 14:49 2017 Sunday ,17 September

Ministry seeks to improve education
Arab Today, arab today New Zealand opposition looks

GMT 10:35 2017 Thursday ,14 September

New Zealand opposition looks
Arab Today, arab today 5,000 'Dieselgate' deaths in Europe per year

GMT 19:18 2017 Monday ,18 September

5,000 'Dieselgate' deaths in Europe per year
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Five trends at the Frankfurt auto show

GMT 12:04 2017 Monday ,18 September

Five trends at the Frankfurt auto show
Arab Today, arab today Renault-Nissan to launch

GMT 10:44 2017 Saturday ,16 September

Renault-Nissan to launch
Arab Today, arab today Eman Al Assy receives three offers

GMT 06:31 2017 Saturday ,16 September

Eman Al Assy receives three offers
Arab Today, arab today 'Severe' Typhoon Doksuri pounds Vietnam

GMT 15:49 2017 Friday ,15 September

'Severe' Typhoon Doksuri pounds Vietnam

GMT 11:10 2017 Friday ,15 September

Fadl Shaker retreats from surrendering himself

GMT 05:05 2017 Tuesday ,12 September

Pregnant woman's suicide roils China

GMT 16:53 2017 Saturday ,02 September

Mai importance of gifts during Eid Al-Adha

GMT 10:25 2017 Thursday ,14 September

Greece fumbled oil spill response

GMT 10:46 2017 Saturday ,05 August

Nanis reveals simple ideas for home renovation

GMT 04:45 2017 Sunday ,17 September

France's hurricane-hit St Martin

GMT 21:57 2017 Sunday ,17 September

Russia and Iraq restore air travel

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 12:56 2017 Friday ,15 September

Apple's grand plan in Ireland held up by a forest

GMT 11:37 2017 Saturday ,12 August

Fashion designer reveals her new collection
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday