(MENAFN- Gulf Times) Qatar Islamic Bank (QIB) has opened the new headquarters in London for its subsidiary QIB-UK, whose focus is on supporting the investment and trade flows between the two countries.
Based in London's affluent Mayfair district, the purchase of new five-storey premises at 43 Grosvenor Street reflects the bank's commitment to serve high networth (HNW) clients.
Through its HNW relationship management team, and with the support of product specialists in real estate finance, trade finance, and treasury, QIB-UK strives to deliver tailor-made solutions in a Shariah-compliant manner to its customers.
"London is one of the important cities in the global financial markets and QIB is proud to be strategically placed in one of the preferred tourism, cultural and economical destinations. This allows us to provide our clients with top class financial services and personalised banking solutions," QIB Group CEO Bassel Gamal said.
Bert de Ruiter, CEO of QIB-UK, said the move perfectly fits in with its ambition to deliver top-end customer service and solutions and that "with the purchase of these premises, we are also demonstrating our belief in the strength of the London property market."
Qatari interest in the UK have surged in recent years, with Qatari visitors increasing year on year for several reasons such as tourism, seeking higher education, or looking to diversify their investments. QIB-UK has worked closely with Doha-based QIB to develop financing solutions that suit these new financial requirements.
QIB-UK is offering unique real estate investment opportunities for clients looking to purchase premium properties in London and has put in place team of real estate specialists to ensure clients are well placed to get the best real estate opportunities in the market.
The bank's network not only gives access to exclusive residential and commercial real estate opportunities but also gives its clients privileged introductions to opportunities in the London real estate market.
"We position ourselves as a niche private bank offering bespoke real estate finance solutions and personalised banking services, such as preferential deposits in multi-currency and tenors, to the HNW customers from Qatar with an interest in the UK," according to Bert de Ruiter.
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