LuLu-Phils Int’l Exchange opens its first 24-hour branch in Manila
dubai — LuLu-Phils International Exchange Inc, a wholly licensed subsidiary of the UAE-based LuLu International Exchange LLC, commenced operation of its third branch in the Philippines and the first 24-hour outlet offering forex services at Terminal 1 of Ninoy Aquino International Airport in Manila recently. The new branch is also Lulu International Exchange’s 136th global branch.
The branch was inaugurated by Adeeb Ahamed, president and chairman of the Board of LuLuPhils International Exchange in the presence of Dante B Basanta, terminal manager, Ninoy Aquino International Airport, Surendran Amittathody, vice-president — Asia Pacific Region, Lulu International Exchange LLC, Sunil Kumar, GM, LuLu-Phils International Exchange, dignitaries and other senior management.
Speaking on the sidelines of the inaugural function, Adeeb Ahamed, who is also the CEO of Lulu International Exchange, said: “Philippines is one of the fastest growing economies and one of the most sought after destinations by tourists. The need for financial services are also growing at an incredible pace. Recognising the potential and need for those services, we are proud to open our first airport branch in Manila.”
LuLu-Phils, headquartered in Manila, began its commercial operations in May 2014. With the opening of the new branch, the exchange house currently has three branches in the Philippines including at Robinsons Place Mall in Las Pinas City and Ermita in Manila.
“Our priority has always been to provide convenience to our customers and the new branch opening is yet another significant step in expanding our coverage,” said Surendran Ammittathoday.