Bank of London and The Middle East plc (BLME) has opened its representative office in the Dubai International Financial Centre (DIFC).
The new office will be the bank’s first overseas office and will allow the bank to expand the reach and distribution of its established business capabilities in partnership with key stakeholders and clients.
Go deeper with GlobalData
Access deeper industry intelligence
Experience unmatched clarity with a single platform that combines unique data, AI, and human expertise.
Patrick Rochette, previously head of international client coverage and product development at BLME, will be BLME’s principle representative and will be the main point of contact for the region.
Humphrey Percy, CEO of BLME, said: "A permanent presence in the GCC will enhance clients’ access to BLME’s core activities of Wealth Management, Capital Markets, Treasury and UK Corporate Banking and contribute to the next phase of the bank’s growth.
"Dubai provides BLME with a base for its operations in the Gulf and forms an integral part of BLME’s strategy to expand across the region. This expansion will help to enhance our position as a leading Islamic bank, as well as providing our existing and potential client base with valuable information about investment opportunities within the GCC and the UK."
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
