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.