Lloyds International plans Middle East expansion

Lloyds TSB International Private Banking’s Dubai office chief David Tunbridge told a recent in-house seminar how the bank plans to double its assets in the Middle East by 2009.“Consideration is… being given to Shariah-compliant investment solutions, which can only be facilitated through our new base in Dubai. We also plan to achieve significant growth through our fixed income and capital-secured products such as IPB's market linked capital protected deposits, market-linked deposits and range acc