Middle East Economic Survey

VOL. XLVII

No 50

13-December-2004

REGIONAL BANKING

Ansbacher & Crédit Suisse Licensed To Operate In Dubai

The London-based bank, Ansbacher & Co, announced on 3 December it has received a license from the Dubai International Financial Centres (DIFCs) Financial Services Authority to open a branch in Dubai. This move occurred only a few weeks after the Ansbacher Group was acquired by Qatar National Bank (QNB) and is a first step in the Groups Middle East expansion...