Fairbairn Private Bank has been granted a representative office licence by the Central Bank of the United Arab Emirates. The bank plans to open an office in Dubai in response to growing demand from clients based in the United Arab Emirates (UAE).
Commenting on the move, Greg Horton, managing director of Fairbairn Private Bank said: "Having closely monitored the region for the past five years, we are now delighted to be granted a licence for the UAE, which forms a natural part of our expansion plans.” Research by Fairbairn Private Bank highlights a growing level of sophistication in the region's investment requirements: "Individuals in the region are becoming more demanding in both the level of service and the range of wealth management solutions they require. We feel our offering can fully meet these requirements.” The lice...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes
