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Lulu exchange blog
August 30, 2022

LuLu Financial Holdings opens its milestone 250th branch at Dubai Silicon Oasis

Abu Dhabi-based LuLu Financial Holdings (LFH), a global leader in the financial services industry,
opened yesterday its 250th global branch in Dubai’s Silicon Central Mall.
The numbers speak volumes about the company’s ambitious rise: 13 years, 250 branches, and 10
countries. The milestone branch, which adds to the company’s growing network across the UAE and
nine other nations, was inaugurated by Dr Aman Puri, consul general of India, in the presence of the
holding company’s managing director, Adeeb Ahamed, and other senior management.
Ahamed said: “Today’s opening is a celebration of the amazing journey we have had as a team, and
the many opportunities we have converted to emerge as a trusted brand. As one of the leading
players in the financial services sector, not just in the UAE but also in our other markets, we have
been credited for being attuned to the sector’s needs.

“Our efforts to bridge the gap between our consumers and our various physical and digital
touchpoints are a key part of our growth story, and the 250th branch is a mark of our determination
and perseverance to disrupt the global payments ecosystem.”
The opening of the milestone branch was followed by two more branch openings on the same day at
Al Majaz and Maaza regions of Sharjah in the UAE.

An ISO: 9001 certified conglomerate, Abu Dhabi-based LuLu Financial Holdings has various
investments in financial services, including remittances, foreign currency exchange, structured
finance for MSMEs, and microfinance for retail consumers in India. Cumulatively, it processes annual
transactions of over $11bn, serving over 15mn customers across various regions.