News Column

Barwa Bank opens representative office in DIFC

July 6, 2014

Staff Report

Dubai: Barwa Bank, Sharia compliant banking service provider from Qatar has announced the opening of a representative office in Dubai International Financial Centre (DIFC). Currently in its fifth year of operation, Barwa Bank enjoys strong relations with major corporates, an increasingly growing SME portfolio and one of the fastest growing retail banking activities in Qatar. This momentum is expected to increase in 2014, as it continues to build up activities, and cement its position as a major Sharia compliant banking group in Qatar and the region. "This is the first time Barwa Bank has opened an office overseas and is testament to our commitment to developing the Sharia-compliant financial market outside as well as within Qatar," said Khalid Al Subeai, Acting CEO at Barwa Bank.

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Source: Gulf News (United Arab Emirates)

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