| 31 Jan 2010 |
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FALCOM provides state-of- the-art online IPO subscription as a receiving bank
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As a leading provider of on line investor services, FALCOMFALCOM
, in line with the new CMA announcements, invested heavily in creating a investor friendly system , to ensure that investors have the option of using the online facilities to subscribe to IPOs.The bank will provide investors this convenience through its Tadawuly website the call center as well as from its branches.
Now investors can invest and complete all investment formalities without leaving their homes or work stations.
FALCOMFALCOM will act as a receiving bank and has made extensive preparations to help the growing on line users.
"We laid the foundations and the financial capability that provide our clients with the very best here in the local market. We also innovated with our services by providing our clients with six delivery channels to trade. On the investor empowerment front, our information portal FALCOMWATCH.com went through a comprehensive upgrade. FALCOMFALCOM
WATCH will soon roll out for the Oman capital market, where investors can use it track their investments." Said the CEO"We are in the forefront of index development, with first licensed index by the Saudi stock market. Today, we are fully- equipped to meet the growing needs of our clients both locally and internationally" added Adeeb Al Sowailim.
Falcom has won eight international awards during the course of two years.
FALCOM Financial servicesFALCOM Financial services also won the Global finance best Islamic investment bank award for 2009 .From the beginning our point of view was to create an institution that leads with innovation and enriches and empowers the lives of our clients -the IPO subscription is in line with this strategy " said Adeeb Al Sowailim, CEO of FALCOMFALCOM.
FALCOMFALCOM is a shariah compliant investment bank that promises intelligent investment ideas. The bank is designed to deliver upscale investment banking and wealth management solutions its ambition is to compete globally.
The bank has its corporate office based in Riyadh. It has eight investment centers in the Kingdom. Oman is now operational .FALCOMFALCOM's regional footprint will be complete in the immediate future to take advantage of the common currency emerging capital markets and cross border deal flows. As a pure play investment bank the business lines are corporate finance, brokerage and asset management. The bank is equipped with a full-fledged treasury operation and has one of the biggest team buy and sell side research in the Kingdom. Technology played a crucial role in building the brand's touch point experience. FALCOMFALCOM premises are all designed to seamlessly deliver bespoke service to top tier clients.
's leadership began by spotting and filling out the gaps in investor needs and wants, be it in terms of knowledge, products or services- this led to innovations and pioneering spirit. -Ends-
© Press Release 2010
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