Credit Suisse expands presence in Qatar
Credit Suisse is pleased to announce the expansion of its presence in Qatar by rolling out its complete range of integrated banking solutions. Credit Suisse will now offer investment banking and asset management in addition to private banking services to clients in Qatar.
Bassam Yammine, Co-CEO of Credit Suisse Middle East and Head of Investment Banking and Asset Management for the MENA region, said, "We are confident that Qatar will emerge as one of GCC's most vibrant financial markets, taking into account economic growth, levels of debt, valuations and sentiment. Credit Suisse will offer our clients an extensive roster of investment and advisory resources in response to the new and sophisticated needs of this market."
Bruno Daher, Co-CEO of Credit Suisse Middle East and Head of Private Banking for the Middle East and the Indian Subcontinent, adds: "This announcement underscores the importance of Qatar to our Middle East strategy. We are pleased to be able to expand our offering to our local clients who have increasingly sophisticated needs."
Aladdin Hangari, Head of Credit Suisse in Qatar, said, "Credit Suisse will focus on an integrated approach, offering its clients specialized solutions in private banking, investment banking and asset management. Credit Suisse's global banking expertise coupled with local knowledge will enable it to deliver a unique offering to its clients."
Credit Suisse was granted a financial services license by the Qatar Financial Centre Regulatory Authority (QFCRA) in 2006. At the same time, Credit Suisse Financial Services (Qatar) LLC, a subsidiary of Credit Suisse secured an authorization by the Qatar Financial Centre Authority (QFCA) to do business in the Qatar Financial Centre in Doha. During the past three years, the bank has actively catered to the dynamic needs of high net worth individuals (HNWI) and institutional clients in Qatar, offering a comprehensive range of investment advisory services and products.
Credit Suisse is highly committed to the Middle East and has been active in the region for four decades. It was one of the first foreign banks to establish operations in the region and has offices in Abu Dhabi, Beirut, Cairo, Doha, Dubai, Manama and Riyadh.
Enquiries:
- Monika Sasse,Corporate Communications,Tel. +9661 210 2421,monika.sasse@credit-suisse.com
- Farah Farooq,Weber Shandwick MENA,Tel. +9714 321 0077,farah.farooq@ws-mena.com
Credit Suisse
As one of the world's leading banks, Credit Suisse provides its clients with private banking, investment banking and asset management services worldwide. Credit Suisse offers advisory services, comprehensive solutions and innovative products to companies, institutional clients and high-net-worth private clients globally, as well as retail clients in Switzerland. Credit Suisse is active in over 50 countries and employs approximately 46,700 people. Credit Suisse is comprised of a number of legal entities around the world and is headquartered in Zurich. The registered shares (CSGN) of Credit Suisse's parent company, Credit Suisse Group AG, are listed in Switzerland and, in the form of American Depositary Shares (CS), in New York. Further information about Credit Suisse can be found at www.credit-suisse.com.
Disclaimer
This document was produced by and the opinions expressed are those of Credit Suisse as of the date of writing and are subject to change. It has been prepared solely for information purposes and for the use of the recipient. It does not constitute an offer or an invitation by or on behalf of Credit Suisse to any person to buy or sell any security. Any reference to past performance is not necessarily a guide to the future. The information and analysis contained in this publication have been compiled or arrived at from sources believed to be reliable but Credit Suisse does not make any representation as to their accuracy or completeness and does not accept liability for any loss arising from the use hereof.
News Source : Credit Suisse expands presence in Qatar
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