Standard Chartered has opened a new representative office in the UAE at the Abu Dhabi Global Market (ADGM).
This will deliver a wide variety of financial services, Standard Chartered revealed in a statement.
Rola Abu Manneh, chief executive of Standard Chartered UAE, said: “The UAE continues to be a strategic market for us and our new office at ADGM is an additional step in bringing us closer to our clients in Abu Dhabi and across the Emirates.
“This milestone is also a testament to our confidence in the UAE’s position as a global business hub and will aim to further support in the progression of Abu Dhabi’s economic development.”
She added: “Through the establishment of this new location, Standard Chartered will continue to support the UAE’s growth and development as a robust financial hub.
“Furthermore, the bank will be able to provide numerous financial services to a wide range of international, local, corporate and institutional clients that are looking to develop regional treasury and liquidity management centres in the UAE.”
