LuLu-Phils International Exchange, Inc. opens first 24-hr branch

FOR IMMEDIATE RELEASE

February 27, 2017: LuLu-Phils International Exchange, Inc. a wholly licensed subsidiary of the UAE-based LuLu International Exchange LLC, on Monday commenced operation of its third branch in the Philippines and first 24-hr outlet offering forex services at Terminal 1 of Ninoy Aquino International Airport in Manila on Monday.

The branch was inaugurated by Mr. Adeeb Ahamed, President and Chairman of the board of LuLu-Phils International Exchange, Inc. in the presence of Mr. Surendran Amittathody, Vice President – Asia Pacific Region, Lulu International Exchange LLC, Mr. Sunil Kumar, GM, LuLu-Phils International Exchange, Inc., dignitaries and other senior management.

Speaking on the sidelines of the inaugural function, Mr. Adeeb Ahamed 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. Recognizing the potential and need for those services, we are proud to open our first airport branch in Manila.”

“It has always been our endeavor to deliver the very best in service and quality to our valued customers in whatever we do. With this new branch, we now have 136 branches worldwide situated in the most convenient locations. By opening this branch, we aim to provide the best foreign exchange rates to tourists and locals alike,” added Mr. Adeeb Ahamed.

LuLu-Phils. International Exchange, Inc. headquartered in Manila, Philippines 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.

“We are proud to add a new branch to our network. The credit for LuLu-Phils International Exchange’s growth and success over the years in the country is attributed to its relentless pursuit of excellent customer service and customer satisfaction. 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 Mr. Surendran Ammittathoday, VP, APAC, Lulu Exchange.