Al Ansari Exchange plans to open 10 new branches in UAE this year

Al Ansari Exchange, which currently has 170 branches, is planning to open at least 10 more branches in the UAE during the current year. Majority of these proposed new branches would be located in Dubai and Abu Dhabi .

Revealing this, Al Ansari Exchange General Manager Rashed A Al Ansari said by 2020 his bank will open 50 more branches, which will increase the total number of its branches in the UAE from the current 170 to 220 during the next 4-5 years.

Meanwhile, the number of employees at Al Ansari Exchange will also increase from the present level of 2,500 to 3,000 by 2020, Al Ansari added.