Al Ansari Exchange, a UAE-based foreign exchange and worldwide money transfer company, has opened 15 new branches in the country recently, with an aim to continue its expansion plans.

 

The recently opened branches are distributed between Dubai, Abu Dhabi, Al Ain, Sharjah, Ajman and Fujairah, said a statement.

 

It boasts more than 140 branches across the country enabling customers to avail a host of services provided by the money exchange firm, it said.

 

Rashed Ali Al Ansari, general manager, said: “The opening of these new branches in the UAE are in alignment with Al Ansari Exchange’s expansion strategy, which is aimed at building a network of branches at easily accessible locations for customer convenience. After a careful market study and assessment, we zeroed down on these strategic locations within important commercial centers to open our new branches that will fill in the gap in these neighborhoods. 

 

“We are confident that these branches will contribute in increasing our market share and add to the volume of transactions by serving more customers. We expect a significant growth in our business from the new branches. In continuation with our expansion strategies and a promise to serve our customers more efficiently, we plan to add 10 more branches to our growing network within the coming year.”

 

The exchange has also embarked on an extensive recruiting and training campaign to man the newly opened branches, said the statement.

 

The company has recruited more than 250 multilingual staff from different nationalities, with the total manpower of the company reaching more than 2,250, it added. - TradeArabia News Service