LuLu Financial Group Commences Operations in Hong Kong

Business

LuLu Financial Group Commences Operations in Hong Kong

LuLu Financial Group, the leading monetary services and settlements service brand, began its procedures in Hong Kong with the commencement of their head office at Hankow Centre in Kowloon.

The branch was ushered in by Adeeb Ahamed, Managing Director, LuLu Financial Group in the existence of Surendran Ammitathody, VP-APAC, other senior officials and dignitaries.

The group acquired 100% ownership of a local financial services company in Hong Kong, adding 5 even more branches to its global network. Branded as "LuLu Money in Hong Kong, this is LuLu Financial Group's tenth country of procedure and 2nd in the APAC region, after Philippines.

Speaking on the occasion, Adeeb Ahamed said, "We are exceptionally thrilled to begin our operations in Hong Kong. The Asia Pacific region is house to a few of one of the most vibrant economic situations and Hong Kong is just one of the most tactical markets. We are excited to be part of the region's growth story."

Further to offering our top quality services, that has made us one of one of the most searched for economic solutions organisation on the planet, we will be reaching out to a larger audience through our innovative digital platforms that have been developed internal," included Adeeb Ahamed.

" LuLu Money retail outlets will offer money transfer, retail money exchange and import & export of currencies. The company is also foraying right into the digital area, with a purpose to change the fintech environment in the region. The upcoming "LuLu Money app will have numerous features including immediate on the internet transactions, settlement tracking in genuine time and settlement history, among others.

With plans to move almost 30% of its transactions on to the digital platform by 2020, LuLu Financial Group is devoted to remain on the digital fast track.

About LuLu Financial Group

LuLu Financial Group is an ISO 9001:2015 licensed global financial services enterprise that offers banking establishments, business homes, local and worldwide companies along with individuals. The group's solutions are designed to facilitate secure and immediate economic transactions via digitized state-of- the-art systems that deliver flexibility, reliability, and transparency.

Established in 2008, LuLu Financial Group has its global head office in Abu Dhabi and operates greater than 180+ branches throughout Oman, Kuwait, Qatar, Bahrain, India, Bangladesh, Philippines, Seychelles and Hong Kong.