Located in Najda Street, Abu Dhabi, the Citigold Lounge covers close to 2,700 sq ft and is equipped with private meeting rooms, three ATMs, as well as facilities to host client events and investment research updates.
Bank of Singapore the eighth largest private bank in Asia (ex-China), based on assets under management, which opened its Dubai branch in February 2017 already has 45 wealth managers there.
The company in the first half of this year was on the brink, having lost a string of executives, relationship managers and – as a consequence – assets under management.
The institution was established in 2008 to promote exchanges and cooperation in business, culture, education, civil dialogue and diplomacy.
DBS plans to expand in the Middle East by doubling the number of private bankers there over the next five years, from more than 20 now, the bank said.
It is the company’s first foray into the Cyprus marketplace, but one that it expects will be an important base for the company in the coming years, Holborn told International Investment.
Jersey’s Minister for External Relations, Senator Ian Gorst, celebrates the island’s long-standing relationship with the UAE during his visit to Dubai and Abu Dhabi this week