First Gulf Bank to add two new Dubai branches

UAE's second largest lender will add locations in Dubai Mall and Jebel Ali Free Zone

Abu Dhabi-based First Gulf Bank, the second largest lender in the UAE by market value, has opened two new branches in Dubai.

The first branch is located in Dubai Mall and the second in Jebel Ali Free Zone. The openings take First Gulf Bank’s total number of branches in Dubai to five, in addition to the 16 it operates across the country.

“Our new additions come within our expansion plan, in which we aim to reach out to our customers to provide utmost convenience of banking at extended timings too,” said First Gulf Bank CEO Andre Sayegh in a statement.

"Our main aim is to deliver consistent, high standards of customer service and innovative offerings and products across our nation. We are dedicated to provide the best financial solutions that meet the needs and expectations of our clients," he added.

Last month, First Gulf Bank signed a three-year, US$900m loan with a group of international lenders, in addition to US$650m raised from the bond market in October.

Related:
Companies
Join the Discussion

Disclaimer:The view expressed here by our readers are not necessarily shared by Arabian Business, its employees, sponsors or its advertisers.

NOTE: Comments posted on arabianbusiness.com may be printed in the magazine Arabian Business

Please post responsibly. Commenter Rules

  • No comments yet, be the first!

All comments are subject to approval before appearing

Further reading

Features & Analysis
Saudi Arabia spends money to make money

Saudi Arabia spends money to make money

Tour of Asia by Saudi Arabia's King Salman advances drive to...

Soft money: will cash transactions soon be a thing of the past?

Soft money: will cash transactions soon be a thing of the past?

The rapid digitisation of banking in the UAE is enabling robots...

Oman gains breathing space with jumbo $5bn bond sale

Oman gains breathing space with jumbo $5bn bond sale

Order books for the issue totalled $20bn, showing that Oman can...

Most Discussed
sponsoredTracking