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BFC Group announces expansion of its retail network

Bahrain: Tuesday, June 25 - 2013 @ 13:26

Since May 2012, BFC Group has increased its branch network in Bahrain by 18%, and its international branch network by 31%.

Over the last 12 months, an additional 13 branches in India, 6 in Kuwait and 3 in Malaysia have been opened, with further branches to be launched later in the year.

As part of this expansion plan, BFC, whose headquarters are located in Manama, Bahrain, today opened its 34th branch – Gold City branch – to the public. To celebrate the opening of this branch, the 3rd to be opened this year, BFC will be giving away 100 gold coins to the first 100 customers making an FX or remittance transaction.

The benefits of increasing branch numbers, does not only extend to BFC’s customers; the launch of new branches also creates new job opportunities. BFC has continued to increase its employee numbers over the years, even during more challenging economic times.

Over the last two years BFC has increased staff numbers by 16%, and remains committed to supporting the next-generations workforce by working with local Universities and through offering training programmes to new and existing employees.

“Our customers are at the centre of everything we do,” said BFC Group Managing Director & CEO, Mr. Ebrahim Nonoo. “We want to make sure that we are where they need us to be – in locations where they live and work, both here in Bahrain and further afield. By expanding our branch network locally and internationally we are better able to provide our customers with all their remittance and foreign currency needs,” concluded Mr. Nonoo.

“Through our expanded presence and capabilities, customers are now able to manage their remittances both at home and away. In addition, our online service ‘BFC Smart Money’ helps our customers with managing their payments and being one click away from sending money home to their loved ones,” he added.

“BFC is committed to this market and will continue to invest in our people, services, and capabilities to ensure we are meeting all of our customers’ needs,” added BFC General Manager, Mr. Errol Fonseca.

BFC established in 1917, as the first foreign exchange company in Bahrain, offers a vast array of foreign exchange solutions and remittance products and has a global reach covering over 200 countries.

Amongst its many offerings is its international money transfer service ‘EzRemit’, which facilitates instant money cash transfers and credit to account remittances to over 50 counties worldwide. In addition, BFC stocks over 45 foreign currencies and provides traveller’s cheques in Euro, Pounds Sterling, US Dollars, Canadian Dollars and Australian Dollars at great rates.

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Tuesday, June 25- 2013 @ 13:26 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.

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