LuLu Exchange opens branch in Al Salam Mall

For Immediate Release   May 07, 2015

Kuwait: LuLu Exchange, one of the leading global remittance and foreign exchange brand, commenced operations of its 16th outlet on Thursday, 7th May 2015, in Al Salam Mall, Salmiya. This is the second branch to operate out of the Salmiya Commercial Area and is an important step towards realizing LuLu Exchange’s long term vision for growth across the State of Kuwait.

Hon. Raul H. Dado, Charge d’Affaires of the Philippine Embassy in Kuwait inaugurated the new branch in the presence of the senior management of LuLu Exchange and other dignitaries.

On the sidelines of the opening ceremony, Mr. Adeeb Ahamed, Director - LuLu Exchange said, “We are pleased to open our second outlet in Salmiya area and 16th in Kuwait. Bringing convenience to customers has always been a priority to us and the new branch is a testament to our commitment to the demand of our customers and also the changing market dynamics. LuLu Exchange is keen on building a strategic network across Kuwait and our expansion is based on extensive market research, and our confidence in long- and short-term economic indicators in this country.”

“At LuLu Ex, we facilitate financial transaction services that are secure, instant and compliant through state-of-the-art systems that deliver flexibility, reliability, and transparency. With the opening of this new branch, LuLu Exchange will cater to a large number of the expatriates of this fast growing country. We dedicate this branch to the service of our valued customers, with a commitment to bring them only the best, be it service offerings, accessibility, and technology or customer experience in the bargain,” added Mr. Adeeb.

The new branch has been has been outfitted with state-of-the-art technologies enabling it to provide even more efficient and effective services to the exchange house’s customers. The branch in Al Salam Mall will grant customers access to all of the competitive and innovative products and services that the exchange house has to offer.

It is the company’s ongoing commitment to enhance the customer experience by identifying customer requirements. The company’s corporate slogan, “Valuing Your Trust” is the reflection of the company itself. LuLu Exchange has been successful in tirelessly delivering the best of service excellence to its customers earning their complete satisfaction and trust in the bargain.

The exchange house currently has 16 branches across the State of Kuwait, one each in Al Rai, Mangaf, Mirgab, Dajeej, Mubarakiya and Khaitan and two branches each in Salamiya, Fahaheel, Farwaniya, Mahaboula, and Abbasiya regions.

About LuLu Exchange:

The Kuwait operations were initiated in February 2012. Since then LuLu Exchange has been constantly growing by garnering the trust of customers. The exchange house well known for its customer centric and value-laden service provides safe, reliable and quick services for its customers to send money to their loved ones across the borders. Apart from sending money, customers can also get their foreign currency exchanged at the most competitive exchange rates clubbed with personalized customer service.

LuLu Exchange has strategic partnerships with Western Union Worldwide Remittance Services and Xpress Money which only further guarantees that clients’ hard earned money reaches its destination in a fast and secure way. Currently the exchange house caters to markets world over with direct online remittance arrangements to India, Bangladesh, Sri Lanka, Nepal, Philippines, and Indonesia.