Credit Suisse has announced that it is expanding its banking services with complete range of integrated banking solutions, including investment banking and asset management in addition to private banking services to its clients in Qatar.
Bassam Yammine, Co-CEO of Credit Suisse Middle East and Head of Investment Banking and Asset Management for the MENA region, said: “We are confident that Qatar will emerge as one of GCC’s most vibrant financial markets, taking into account economic growth, levels of debt, valuations and sentiment. Credit Suisse will offer our clients an extensive roster of investment and advisory resources in response to the new and sophisticated needs of this market.”
Aladdin Hangari, Head of Credit Suisse in Qatar, said: “Credit Suisse will focus on an integrated approach, offering its clients specialized solutions in private banking, investment banking and asset management. Credit Suisse’s global banking expertise coupled with local knowledge will enable it to deliver a unique offering to its clients.”
Credit Suisse was granted financial services license by the Qatar Financial Centre Regulatory Authority in 2006. Subsequently, Credit Suisse Financial Services (Qatar), a subsidiary of Credit Suisse secured an authorization by the Qatar Financial Centre Authority to do business in Doha.