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Lloyds TSB Dubai makes new appointments for its mortgage services
- United Arab Emirates: Wednesday, February 28 - 2007 at 14:15
- PRESS RELEASE
Leading Dubai based international bank, Lloyds TSB, has strengthened its mortgage teams and appointed Alan Jones as Mortgage Intermediary Manager for local mortgage services and Gary Hillali as Regional Manager for its International Mortgage Service for overseas properties.
Gary brings with him over 18 years experience in sales and marketing, including 14 years in banking business development roles and has worked in Australia, UAE and the UK. Gary is responsible for all mortgage intermediaries who deal with Dubai residents who wish to buy properties outside of Dubai and all non residents of Dubai who wish to buy Dubai properties.
Lloyds TSB Dubai has been offering market leading local mortgage products for projects by all major developers in Dubai including Emaar, Nakheel, Union Properties and Dubai Properties (Jumeirah Beach Residence). Lloyds TSB Home Loans are serviced by a dedicated Mortgage Coordinator and can be customised to the needs of individual applicants. This product offers a competitive interest rate, low arrangement fee and no early repayment penalties.
The addition of International Mortgage Service offers a unique, multi-currency, multi-jurisdictional capability, in providing residential property finance/refinance for clients buying or refinancing properties across Great Britain, Spain, France, Portugal, Hong Kong, Singapore and New Zealand as well as selected locations in Australia, US and Canada. This service has also been expanded to offer mortgages to UAE non-residents for Dubai properties.
Gary Millar, Head of Home Loans of Lloyds TSB Group Middle East said,
"I am thrilled to announce the appointment of Gary and Alan, who will further enhance our diverse mortgage business. Together they bring global best practices and valuable international banking experience which will give a tremendous boost to our offshore and onshore mortgage services. We have already been offering onshore mortgages for Dubai properties to UAE residents and the International Mortgage Service offering is a natural extension of our service range to our customers."
Commenting on his appointment Gary Hillali said,
"Dubai is one of the world's fastest growing cities and I am excited at the enormous market opportunities it offers. I look forward to working with our intermediaries in offering the best mortgage solutions to our customers. I welcome this opportunity to work with our customers and the fantastic team at Lloyds TSB Dubai."
Alan Jones added,
"I am thrilled to relocate to Dubai and look forward to working in this dynamic city. It's surely an exciting time for the Dubai property market and we at Lloyds TSB Dubai are fully geared up to serve all the requirements of our customers and intermediaries".
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Notes and media contacts
The main branch of Lloyds TSB is in Jumeirah, housed in a custom built landmarkbuilding, located on Al Wasl Road opposite Safa Park. The bank also has Customer Service Centres located at the Arabian Ranches, Healthcare City, Green Community and UPtown Mirdiff. Lloyds TSB Dubai employs over 220 people providing a full range of financial services including: Personal Banking, Business Banking, Corporate Banking, Offshore Banking, Private Banking, Treasury Services and Trade Finance Services. In addition to market leading auto and home loans, credit cards, personal and business loans, current and savings accounts, and fixed term deposits, Lloyds TSB Dubai also offers easy accessibility to telephone banking and secure internet banking 24 hours a day, 7 days a week.
-Ends-
For Further Information Please Contact:
John Hobday
Financial Dynamics
Telephone: 04 332 8832
Mobile: 050 464 8706
Email: john.hobday@fd.com
Manash Bhuyan
Financial Dynamics
Telephone: 04 332 8832
Mobile: 050 841 9631
Email: manash.bhuyan@fd.com
Kirsty MacPherson
Lloyds TSB Bank
Telephone: 04 302 3307
Mobile: 050 456 9442
Email: Kirsty.Macpherson@lloydstsb.ae
Alexandra Lau
Lloyds TSB Bank
Telephone: 04 302 3357
Mobile: 050 640 4502
Email: alexandra.lau@lloydstsb.ae
Notes to Editors:
Lloyds TSB Dubai is a branch of Lloyds TSB Group, one of the world's largest and most respected banking groups. Lloyds TSB employs over 70,000 people in more than 20 countries worldwide. Lloyds TSB has been a leading bank in Dubai for over 30 years and was awarded its banking licence by the UAE Central Bank in 1977.
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