Kuwait National Exchange Rebrands as Unimoni

Monday, July 9, 2018

Kuwait National Exchange WLL, a leading money transfer and foreign currency exchange provider and a member of the UAE Exchange Group, announced its rebranding as “Unimoni”. This makes Kuwait the second country in the Group’s global network to adopt the Unimoni brand. Unimoni, short for “Universal Money”, will drive the agenda of providing a broad spectrum of innovative financial services across geographies, currencies and channels, enabling customers to achieve their financial ambitions.

Vivek P Nair, General Manager, Unimoni Kuwait, said, “We are excited to launch the Unimoni brand in Kuwait, in line with our group’s global vision to facilitate seamless movement of money across the world. Through Unimoni, we will further strengthen and expand our offerings portfolio with technology-led financial solutions. This will accelerate our journey to become a market leader. We have clear business plans in place keeping in mind our commitment to better serve the local and expatriate communities, and consequently contribute to the country's economy. In the short-term, we will be increasing our network presence four fold by year-end and are working on new offerings which are in the pipeline,"

The rebranding exercise follows an earlier announcement made by noted UAE-based businessman and philanthropist, Dr. Bavaguthu Raghuram Shetty, Founder and Chairman of the UAE Exchange Group. In April 2018, Dr. Shetty launched “Finablr”, a holding company which, subject to regulatory approvals, will bring together his global portfolio of category-leading financial services brands including UAE Exchange, Travelex and Xpress Money under one umbrella.

Express your comment on this article

Submit your comments...
     
Disclaimer: The views expressed here are strictly personal and IndiansinKuwait.com does not hold any responsibility on them. We shall endeavour to upload/publish as many of the comments that are submitted as possible within a reasonable span of time, but we do not guarantee that all comments that are submitted will be uploaded/published. Messages that harass, abuse or threaten other members; have obscene, unlawful, defamatory, libellous, hateful, or otherwise objectionable content; or have spam, commercial or advertising content or links are liable to be removed by the editors. We also reserve the right to edit the comments that do get published. Please do not post any private information unless you want it to be available publicly.

Community News
 

All roads led to Indian Community School, Khaitan, venue of Kala (Art) Kuwait “NIRAM 2018” Children’s Day Painting Competiti...

Kozhikode District Association,Kuwait conducted annual picnic at Riggae park on 2nd November 2018. The picnic turned out to ...

Texas Kuwait took part in the community cleaning and awareness program as scheduled and directed by the Kuwait Engineers ass...

Registration continues for Kala Kuwait Drawing and Painting competitions “Mazhavillu (Rainbow 2018)” with the caption “Emerg...

The Institution of Engineers (India), Kuwait chapter invites all its members to update their membership information for the ...