First Gulf Bank to add two new Dubai branches

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

Market Performance

First Gulf Bank
12.0
0.0 0.0 (%)
Join the Discussion

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

Please post responsibly. Commenter Rules

  • No comments yet, be the first!

All comments are subject to approval before appearing

Further reading

Features & Analysis
Statistics fog raises risk as cheap oil hits Gulf

Statistics fog raises risk as cheap oil hits Gulf

Sharp revision of economic data in Saudi Arabia suggests its...

Why banking in the Gulf will never be the same again

Why banking in the Gulf will never be the same again

New technologies are emerging in banking and finance at a rapid...

How Gulf SWFs have thrown funding lifeline to tech ventures

How Gulf SWFs have thrown funding lifeline to tech ventures

Saudi Arabia and other Gulf states have ploughed money into hot...

Most Discussed
sponsoredTracking