Credit Suisse (Lebanon) Finance S.A.L. will now be able to offer a comprehensive range of Credit Suisse's global and local products and services to clients in Lebanon, one of the Middle East's most dynamic markets. By establishing a licensed subsidiary in Beirut, Credit Suisse is continuing its growth drive in the region.
Michael Philipp, Chief Executive Officer of Credit Suisse in the Europe, Middle East and Africa region, said:
"We are pleased to be expanding our footprint in the Middle East, having been granted a financial institution license in Lebanon. This reflects Credit Suisse's ongoing commitment to clients in the region."
Alois Bättig, Head Private Banking Europe, Middle East, Africa, elaborated further: "Having operated in Lebanon for almost forty years, Credit Suisse has gained an in-depth knowledge of the local market. By strengthening our presence in Lebanon, we can now provide our customers in this country with state-of-the-art advisory services and tailor-made client solutions."
Credit Suisse has been represented in Lebanon since 1967.
Browse
related articles
Posted by Anne-Birte Stensgaard, Senior News Editor
