LuLu International Exchange opens 17th outlet in UAE

Mr. Adeeb Ahamed, CEO - LuLu Financial Group the holding company of Lulu Exchange speaking at the inauguration said, "We are extremely delighted to add one more branch to our growing network. Our emphasis on customer satisfaction with superior service has made us a favourite of customers, across the Emirates in just three years of us beginning our operations. We dedicate this branch to the service of our esteemed customers, who have always supported and encouraged us to deliver the best."

LuLu International Exchange is a part of the larger LuLu Financial Group (LuLu FG), an emerging global Non-Banking Financial Group. With the opening of the new branch, the cumulative branch count of LuLu FG has now risen to 45. The group currently has operations in Oman, Kuwait and India apart from UAE.

"The Group is looking further to expand in Bahrain and Qatar by 2013 as a part of its expansion plans in the Arabian Gulf region and countries in the Asia Pacific region such as Australia, Malaysia, Philippines and Indonesia in the near future. We already have liaison offices in India and Bangladesh to facilitate smooth functioning of the group's remittance business operations and provide the best services to its customers" emphasized Adeeb when asked about the group's expansion plans.

"With this branch in Naif Road, we intend to take money transfer services closer to our target customers in the Deira and nearby areas. It is and will be our ongoing commitment to enhance customer experience by identifying customer requirements and providing quick solutions. This branch will also handle the wholesale currency operations of the company", he said.

The senior officials of LuLu FG and other special invitees were present on the occasion.