The Swiss bank is expanding its UAE presence as part of a push to tap family wealth and a growing pool of entrepreneurs
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Swiss Bank Lombard Odier to Expand Presence in Dubai
Swiss private bank Lombard Odier has announced plans to expand its presence in the United Arab Emirates (UAE) after obtaining a new license in Dubai. The bank aims to tap into the region’s growing pool of entrepreneurs and lucrative family wealth. Lombard Odier’s expansion comes as the UAE continues to attract global businesses and investors, cementing its reputation as one of the leading financial hubs in the Middle East.
Aiming to Tap into Growing Opportunities
With its new Dubai license, Lombard Odier aims to capitalize on the enormous potential offered by the UAE market. The country’s rapid economic growth, burgeoning entrepreneurial ecosystem, and increasing number of affluent families present exciting opportunities for the bank. By establishing a stronger presence in Dubai, Lombard Odier can better serve its clients and offer tailored services to meet their diverse needs.
Joining the Thriving Financial Hub
Dubai has been steadily establishing itself as a major financial hub, attracting a wide range of global businesses and financial institutions. Lombard Odier’s decision to expand in the UAE reflects its recognition of the region’s significant growth prospects. By leveraging the opportunities presented by Dubai’s thriving economy, the bank can further strengthen its presence in the Middle East and expand its client base in the country.
Positioning for Success
Lombard Odier’s expansion plans highlight the bank’s commitment to providing exceptional wealth management services to its clients. With its new Dubai license, the bank is well-positioned to meet the unique needs of entrepreneurs and wealthy families in the UAE. As Lombard Odier taps into the growing opportunities in the region, it further solidifies its status as a trusted partner for those seeking innovative and tailored financial solutions.
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Source: Gulf Business
Link: [Original Article](https://gulfbusiness.com/swiss-bank-lombard-odier-plans-expansion-after-getting-new-dubai-licence/)
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