*** Bahrain’s strong economic rebound drives LuLu Exchange’s expansion with 15th branch opening | THE DAILY TRIBUNE | KINGDOM OF BAHRAIN

Bahrain’s strong economic rebound drives LuLu Exchange’s expansion with 15th branch opening

TDT | Manama

The Daily Tribune – www.newsofbahrain.com

LuLu International Exchange – one of Bahrain’s most reputed and leading financial services providers, opened its 15th branch at Dana Mall on Thursday, with H.E. Piyush Srivastava, Ambassador of India to Bahrain, inaugurating the branch as part of a hybrid opening ceremony attended online by H.E. Sheikh Ahmed Bin Khalifa Bin Salman Al Khalifa, Chairman, LuLu International Exchange Bahrain, and Mr. Adeeb Ahamed, Managing Director of LuLu Financial Group.

Congratulating the organization on the launch of their milestone branch, H.E. Piyush Srivastava, commended Lulu Group and expressed happiness that this new branch has been opened at a time when our two countries are celebrating the golden jubilee of diplomatic relations.  He said that opening of this branch also reflects Kingdom’s investor friendly policies and conducive environment for businesses to flourish. Heexpressed hope that LuLu International Exchange’s new branch will be of great benefit to thousands of expats in Bahrain and wished the Lulu International Exchange team all the very best on their journey in the country.

The new branch also marks the 238thGlobal Branch of LuLu Financial Group and Mr. Adeeb Ahamed, Managing Director of the Group, congratulated the team for staying committed to roll out innovative financial solutions, in line with evolving market dynamics, “It has been an eventful journey for the organization since starting operations in 2013, and we are thankful to the all-round support of the rulers, 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 presently 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.