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Diamond Bank now in Switzerland
Caters to international diamond industry in general particularly Swiss and Dubai industry
By: Diamond World News Service
Jan 16 2006 12:00AM
Reference: 220  


The Dubai Creek Golf & Yacht Club hosted a cocktail party for the inauguration of Diamond Bank Switzerland’s Representative Office in Dubai on Sunday December 4th. Mr. Paul C Goris, Chairman of the Board of Directors said, “Dubai is, because of its ideal location in the heart of an expanding region, its business oriented environment and its state of the art infrastructure, definitely a very attractive host for the diamond sector”.

The Antwerp Diamond Bank Group offers since 1934 a comprehensive range of specialized financial services to the diamond industry. As a member of the Antwerp Diamond Bank Group, Diamond Bank (Switzerland) Ltd. caters for the international diamond industry in general and the Swiss and Dubai diamond industry in particular: specialized diamond finance is complemented with all major banking services, geared and tailor made for the diamond industry.

With the recent emergence of Dubai as a regional and international diamond centre, a Representative Office has been opened by Diamond Bank (Switzerland) Ltd. in the Business Avenue Building, neighboring the Dubai Diamond Exchange. The Antwerp Diamond Bank N.V. has a 25 % market share of the world diamond financing. In Antwerp, the main diamond trading centre of the world, its market share reaches 54 %. KBC Bank and Insurance group (Aa3 rating) is 99.9 % shareholder of Antwerp Diamond Bank N.V. The KBC Group is one of the leading bank and insurance groups in Belgium and employs over 50’000 people worldwide.

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