Rohit Walia, executive vice chairman & CEO at Bank Sarasin-Alpen Group, Middle East and India, says that the group will focus on tapping the Islamic finance industry in Saudi Arabia.
Dubai remains the central hub in MENA private banking, but this hasn’t stopped Bank Sarasin-Alpen expanding into Oman and plotting a major assault on Islamic finance in Saudi Arabia. The bank, which is one of various units in the region owned by Bank Sarasin based in Basel, started Gulf operations in 2005 with the launch of its Dubai office. It has since spread to Doha, Muscat, Manama and Abu Dhabi………………………………………..Full Article: Source