LuLu Int’l Exchange hits a network of 100 branches

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LuLu Int’l Exchange hits a network of 100 branches

The 100th branch of Lulu Exchange was opened at Abu Dhabi’s Hamdan Street.

By Staff Report

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Published: Sat 17 Jan 2015, 11:21 PM

Last updated: Thu 25 Jun 2015, 7:35 PM

Abu Dhabi — Lulu International Exchange, which is the second biggest regional exchange company has hit a network of 100 branches.

The 100th branch of Lulu Exchange was opened at Abu Dhabi’s Hamdan Street in the presence of T.P. Seetharam, Indian ambassador to the UAE, Yusuffali MA, managing director of LuLu Group International, senior management of LuLu International Exchange and a number of dignitaries.

The exchange has 30 branches spread across the UAE with presence in Abu Dhabi, Al Ain, Dubai, Sharjah and Ras Al Khaimah.

Speaking to the reporters after the branch inauguration, Yusuffali MA, who is also the chairman of LuLu International Exchange, said: “We are very happy to reach the landmark figure of 100 global branches across seven countries in just five years since our inception.”

The exchange began its operations with the opening of its first branch in Al Wahda Mall of Abu Dhabi in 2009.

The company soon expanded its operations to Oman, Kuwait, Qatar and Bahrain in the GCC region and India and Philippines, said Adeeb Ahamed, chief executive officer of LuLu International Exchange.
Adeeb said Lulu Exchange has received tremendous acceptance across all the countries where it has its presence.

“Bringing convenience to customers has always been a priority to us. This customer-centric approach has made us the favourite of customers in such a short period and has helped us grow at a fast pace,” he said.

He said Lulu will be able to provide its customers a one stop shop for all their remittance and forex requirements along with its personalised and responsive services.

Enjoying unparalleled customer acceptance, LuLu International Exchange is poised for phenomenal growth driven by a workforce of over 1,500 trained personnel. The next few years look crucial for the brand as it consolidates existing operations and explores newer markets to widen its presence.

The exchange house, well known for its customer centric approach and value-laden service, provides safe, reliable and quick services for its customers to send money to their loved ones across borders.

Apart from sending money, customers can also get their foreign currency exchanged at the most competitive exchange rates clubbed with personalised customer service. LuLu International Exchange also offers value-added services such as NoL cards, Salik cards, Utility payments, National Bonds, Mawaqif etc to its customers.

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