LuLu International Exchange, which opened its third branch at Manama on Wednesday, plans to open more branches across the Kingdom as part of its continued efforts to bring convenience to its customers.
Ambassador Pakistan Jauhar Saleem, who opened the branch, highlighted the importance of legal channels of money transfer for a country like Bahrain where expatriate community forms almost half of the total population.
“It is very encouraging to see the rapid growth of LuLu International Exchange, the emerging global remittance and foreign exchange brand that started its operations in the Kingdom in October 2013. We want see such more service providers to ensure that community living in Bahrain can remit money back home by using legal channel yet without any extra charges,” he added.
Located in the Manama’s Al Muthanna Building next to Yateem Centre, the new branch complements LuLu Exchange’s ongoing efforts to strengthen its presence in high potential markets and bring its services closer to customers.
“By opening this branch, we aim to create stronger ties with our customers and offer them a more convenient way to use our services. LuLu International Exchange continues to focus on increasing its market share while expanding its presence across the Kingdom, reaching out to new areas and allowing a much broader cross-section of the population to access our world-class financial services,” Adeeb Ahamed MD of LuLu International Exchange, Bahrain said.
“We are excited to have opened our third branch in this quarter. The only demonstrates our confidence in the growth potential in the Kingdom of Bahrain. Our expansion program is driven by a strategy to make premium-quality financial services easily accessible across the country through an extensive nationwide network,” he added.
“LuLu International Exchange’s expansion is based on extensive market research, and its confidence in long- and short-term economic indicators in Bahrain. By opening up branches in both commercial and residential areas, LuLu Ex is able to serve people who do not have easy access to these facilities. The company has two branches at present situated at Hidd and Riffa regions of Bahrain. LuLu International Exchange has emerged as a preferred exchange house providing top-quality worldwide remittance and foreign exchange services to a cross-section of society, powered by a huge network, reputed partners and highest standards of customer care.”