MANAMA: Financial services provider LuLu International Exchange’s 15th branch in Bahrain was inaugurated yesterday at the Dana Mall by Indian Ambassador Piyush Srivastava as part of a hybrid opening ceremony.
Also attending virtually were LuLu International Exchange Bahrain chairman Shaikh Ahmed bin Khalifa Al Khalifa, and LuLu Financial Group managing director Adeeb Ahamed.
Congratulating the company on the launch, Mr Srivastava commended Lulu Group and noted that the new branch has been opened at a time when India and Bahrain are celebrating the golden jubilee of diplomatic relations.
He added that the expansion of the group’ s footprint also reflects the kingdom’s investor friendly policies and conducive environment for businesses to flourish. Mr Srivastava also hoped that the new LuLu International Exchange branch would benefit thousands of expats in Bahrain.
The new branch also marks the 238th global branch of the LuLu Financial Group and Mr Ahamed congratulated the team for staying committed to rolling out innovative financial solutions, in line with evolving market dynamics.
“It has been an eventful journey for the organisation since starting operations in 2013, and we are thankful to the all-round support of the leadership, government and people of Bahrain for contributing to our success story. Bahrain is a key market for us, and we have a futuristic vision to be active stakeholders in the nation’s economy as a responsible financial services provider.
“Bahrain has been welcoming to businesses and people from all walks of life, and we re-affirm our commitment to the wellbeing of this great nation and its people,” he added.
LuLu Exchange currently provides remittances, currency exchange, banknotes and value-added services in a timely, transparent and reliable manner through its network of branches, and mobile payments app, LuLu Money.
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