Lombard Odier takes home the award for Euromoney’s best pure play private bank in the Middle East this year. The Swiss firm has transformed its presence in the region over the last few years.
Until recently, it served clients in the region out of a representative office in Dubai. But in 2019, Lombard Odier became the first Swiss private bank to receive a licence to operate at the Abu Dhabi Global Market and, in September 2023 the bank was granted a licence in the Dubai International Financial Centre.
That is on top of the services offered to clients in the region out of booking offices in Geneva, Zurich and London.
What is really driving Lombard Odier’s growth is not just local families in the Gulf and their wealth-management and succession-planning needs, but also the influx of expats coming to the region, which has pushed the bank to deepen its...
Access this research
Enter your work email address to sign in or check whether your organisation already has access to Euromoney.
