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FGB Launches Global Wealth Management Service In Singapore
(4 May 2014)


FGB, one of the leading banks in the UAE, is expanding its Consumer Banking Group services globally, and has announced that it is now offering its Global Wealth Management Service in Singapore. This move is a significant step in FGB’s continuous efforts to enhance its products and offerings, as it will provide the bank’s wealth profile customers with greater access to opportunities in Asia Pacific.

Offering investors a crucial gateway into one of the most important regions in the world, FGB’s new service will give wealth customers access to a wider portfolio of global investment products. It will allow the bank to provide access to all major assets and geographies in the region. Support will also be given with estate and inheritance planning requirements through trust formation and company incorporation service providers.

Commenting on the new service, Andre’ Sayegh, CEO of FGB stated: “FGB’s strategy for this year is very clear, we will continue to grow our products across businesses and across markets to provide our customers with a well-rounded, comprehensive financial service that meets all their needs and ambitions for growth in the UAE, the region and internationally as well. Singapore is an undeniable important location for investments. It also possesses the advantage of providing well defined succession and banking secrecy laws.”

Mufazzal Kajiji, Global Head of Wealth Management & Mortgages, added: “Our recently launched new brand emphasizes our continued commitment to create an even more unified and consistent brand platform internationally across our growing FGB Group. We will be providing many more services of this kind to offer our customers the best opportunities possible for them.”

FGB Wealth currently provides access to over 1,500 high profile Wealth Management products that have been expertly selected to preserve, protect and enhance wealth. These include Equity Funds, Bond Funds, Hedge Funds, Real Estate / Private Equity Funds, Capital Guaranteed Notes, Coupon Paying Notes, Equity Participation Notes, Commodity Notes, Fixed Deposits, Dual Currency Deposit and Term Insurance and Savings Plans.

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