Mizuho International plc establishes branch in Dubai
London, 16 January 2018: Mizuho International plc (Mizuho International), the London based securities and investment banking arm of Mizuho Financial Group, Inc. has opened a securities branch in Dubai International Financial Centre (DIFC), operating as Mizuho International plc.
The Category 4 licence granted by the Dubai Financial Services Authority, allows Mizuho International plc to provide advisory and arrangement services to its regional client base. Initially the focus of the branch will be the origination of the Debt Capital Markets business in the Gulf Cooperation Council (GCC) region.
Commenting on the opening of the new branch, William Mills, Senior Executive Officer of the DIFC branch of Mizuho International plc said: “On-the-ground presence in the region is critical in terms of better serving our clients, and establishing a securities branch here signifies Mizuho's commitment to further deepening its presence in the Middle East.”
Mizuho Financial Group has had a presence in Dubai since 2007 through Mizuho Bank, Ltd. (DIFC Branch-Dubai), arranging and advising corporate banking products and solutions. The two teams will work closely together to deliver a seamless, integrated corporate and investment banking offering to ensure the requirements of clients in the region are met.
About Mizuho International plc:
Mizuho International plc (Mizuho International) is the London based securities and investment banking arm of the Mizuho Financial Group, Inc., and is a wholly owned subsidiary of Mizuho Securities Co., Ltd. With a primary focus on client based activities, its wide range of services includes sales and trading in both debt and equity securities, the underwriting of new issues and M&A advisory services. Mizuho International is authorised by the Prudential Regulation Authority (PRA) and regulated by the Financial Conduct Authority (FCA) and is a member of the London Stock Exchange and LCH.Clearnet Limited.
Mizuho International also has an office in Frankfurt, Germany. www.mizuho-emea.com
About Mizuho Bank in EMEA:
Mizuho Bank, Ltd (Mizuho Bank) provides financial and strategic solutions for the increasingly diverse and sophisticated needs of clients. Taking a relationship management approach enables Mizuho Bank, together with other group companies, to develop customised solutions in areas such as corporate, structured and project finance; investment and transaction banking; risk management and more.
Mizuho has been an active participant in the European market since 1952 and continues to grow its presence across EMEA. With offices around the world, Mizuho Bank offers clients both a localised service and the extensive reach of a global business network.
Mizuho Bank is a subsidiary of the Japan-based Mizuho Financial Group, Inc., one of the largest financial institutions in the world. The group has approximately 60,000 employees working in over 900 offices in nearly 40 countries throughout the Americas, Asia and EMEA, with total assets approximately US$1.8 trillion. www.mizuho-emea.com
For further information contact:
Head, Corporate Communications
Tel: +44 (0)2070906213