Banque Internationale à Luxembourg (BIL) has opened its first branch in the Dubai International Financial Centre (DIFC) to service ultra-wealthy investors after closing down in Bahrain.
BIL Middle East plans to advise on and arrange a wide range of international financial products and services for families, entrepreneurs and expatriates in the region. These include traditional investment products and the arrangement of tailored financing solutions through the banks’ booking centres in Luxembourg and Switzerland.
Go deeper with GlobalData
Access deeper industry intelligence
Experience unmatched clarity with a single platform that combines unique data, AI, and human expertise.
Further, BIL will also offer solutions for structuring real estate investments across Europe.
BIL Middle East has recruited a team, which will be led by Eddy Abramo.
Hugues Delcourt, CEO of the BIL Group, said: "BIL Middle East will offer a flexible and highly customised approach to meeting the unique cross-border requirements of clients in the region. As the DIFC celebrates its 10th anniversary, we are particularly proud to be the first Luxembourg bank to locate in the free zone and we look forward to becoming part of its impressive story."
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalData
