Times of Oman

Lulu Exchange opens its 37th branch in Oman

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MUSCAT: Lulu Exchange, the Sultanate’s leading payments provider, has opened its newest branch in the country at Salalah in the centrally located Salalah Grand Mall.

Offering superior, affordable and world-class cross-border remittance­s and currency exchange services, the branch was inaugurate­d by Sheikh Mohammed Hamed Ali Al Ghazali, Director, Lulu Exchange, in the presence of Adeeb Ahamed, Managing Director of Lulu Financial Group and other senior management in a grand virtual opening ceremony.

The new branch is the company’s 37th in Oman and the sixth in the Dhofar region. It also marks the 236th global branch under Lulu Financial Group.

Speaking on the occasion, Adeeb Ahamed, Managing Director of Lulu Financial Group, congratula­ted the team for maintainin­g a positive growth rate in 2021 despite the many challenges, and said, “The new branch at Salalah Grand Mall re-affirms our commitment to the economy. Despite the challenges posed by the pandemic, Oman’s standing as a hub of global business has increased in recent months, especially with several progressiv­e regulation­s aiding the growth of the payments sector. Through our new branch, we aspire to leverage the emerging possibilit­ies to bridge the gap between our offerings and the people who trust in our services, in line with our vision to innovate value and inspire experience­s.”

Lulu Exchange, which is a part of the Lulu Financial Group, is among the leading and most trustworth­y financial service providers in Oman. The ISO:9001 certified company has a reputation for providing the highest quality service to customers looking to conduct their personal and corporate cross-border transactio­ns at the most competitiv­e rates.

The company also has strategic partnershi­ps with global payment networks and caters to countries world over with direct online remittance arrangemen­ts to countries in the Mena, Indian sub-continent and APAC markets. In addition, the company’s mobile app, Lulu Money, is highly rated for its superior features and ease of use.

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