Amadeusz Juskowiak

Chemical new york chl to close dubai office

Chemical Bank the main subsidiary of Chemical New York Corp is closing its representative office in Dubai United Arab Emirates a spokeswoman said in response to an enquiry

She said the decision to close the office was made as a result of changes in Chemicals regional customer base and to improve efficiency by centralizing the banks Gulf activities in Bahrain

The Bahrain office will assume the local contact role for all of Chemicals corporate and institutional customers now served by the Dubai office the spokeswoman added