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Fortis' wealth management arm opens new Dubai branch

BBR Staff Writer Published 17 October 2005

Benelux-based financial services group Fortis was recently granted a banking license in the UAE, allowing its private banking division to offer its middle east and southeast Asian clients a complete range of wealth management services through a new Dubai branch of its Swiss subsidiary, Banque MeesPierson.

This branch, with a team of ten specialists, is located at the premises of the Dubai International Financial Centre (DIFC). Mubashir Sheikh, MeesPierson's managing director and regional head for the Middle East and southeast Asia said, We are pleased to have a physical presence in the Dubai International Financial Centre which is rapidly becoming a financial hub for the Middle East and Indian subcontinent. Our physical presence is a sign of our commitment to doing business in the region. Our 285 year-old tradition and expertise in wealth building, wealth management and wealth transmission combined with our experienced professionals will enable us to bring clear added value to our customers, Mr Sheikh continued.

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