LuLu International Exchange, a global remittance and foreign exchange group, has opened its third branch in Bahrain.

It started operations in the kingdom this October and plans to open six branches next year to expand its footprint, its top official told the Gulf Daily News, our sister publication.

"By opening this branch, we aim to create stronger ties with our customers and offer them a more convenient way to use our services," LuLu International Exchange managing director Adeeb Ahamed said.

"LuLu International Exchange continues to focus on increasing its market share while expanding its presence across the kingdom, reaching out to new areas and allowing a much broader cross-section of the population to access our world-class financial services."

Located in Manama's Al Muthanna Building next to Yateem Centre, the new branch complements LuLu Exchange's ongoing efforts to strengthen its presence in high potential markets and bring its services closer to customers.

The branch was inaugurated by Pakistani Ambassador Jauhar Saleem in the presence of the company's board of directors and senior management.

The company already has two branches situated at Hidd and Riffa.-TradeArabia News Service