Sarasin-Alpen (India) Private Limited to go live on 1 July.Byline: news@cpifinancial.net (Staff Writer) Bank Sarasin Sar´a`sin n. 1. (Arch.) See Sarrasin. & Co said it will open offices in Mumbai Mumbai (m  mbī`, m m`bī), formerly Bombay (bŏmbā`), city (1991 pop. and Delhi Delhi (dĕl`ē), union territory and city, N central India. The union territory, officially the National Capital Territory of Delhi (2001 provisional pop. on 1 July 2009. The Sarasin Group's first presence in India is
incorporated as Sarasin-Alpen (India) Private Limited, which is a Non
Fund Based Non Banking Financial Company (NF-NBFC).
The new operation will provide financial advisory and consultancy services to wealthy private clients in India and distribute select prime third-party products such as mutual funds. Various agreements have been established with organisations in India to enable Sarasin-Alpen (India) Private Limited to distribute their funds and portfolio management services. "This is a good time to launch our operations in India", said Fidelis M. Goetz, Head of Private Banking, Bank Sarasin & Co. Ltd, Switzerland. "The Indian markets have shown early signs of recovery and India will become one of the world's economic engines." "We offer an exceptional opportunity for clients in India. We have won the prestigious 'Best Private Bank' award from Banker Middle East magazine for two consecutive years, so we are confident we can win the trust of our prospective Indian clients with the quality services that we have to offer" commented Rohit Walia, Executive Vice Chairman & CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Bank Sarasin-Alpen (ME) Ltd, Dubai. The Sarasin Group's majority shareholder is the AAA-rated Dutch Rabobank which measured by its core capital, is one of the world's top 20 financial institutions. The Sarasin Group has its roots as a boutique Boutique A small investment firm specializing in offering specific, but limited services to a select number of individuals. Notes: These investment firms are the alternatives to large financial supermarkets. They provide a highly personalized environment for investing. private bank. The launch of the operations in India and the opening of the new offices in Mumbai and Delhi on 1 July 2009 mark the Sarasin Group's commitment to expanding its presence in South Asia This article is about the geopolitical region in Asia. For geophysical treatments, see Indian subcontinent. South Asia, also known as Southern Asia and the next stage in the successful implementation of the Sarasin Group's international growth strategy. 2009 CPI (1) (Characters Per Inch) The measurement of the density of characters per inch on tape or paper. A printer's CPI button switches character pitch. (2) (Counts Per I Financial. All rights reserved. Provided by Syndigate.info an Albawaba.com company |
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