Edmond de Rothschild to open Saudi office and launch debt platform

DUBAI, June 13 (Reuters) – Edmond de Rothschild Group, a specialist in asset management and private banking, is set to open an office in Saudi Arabia this year and launch a platform to provide debt finance for infrastructure projects there, the Swiss bank said on Thursday.

The platform could help Saudi Arabia with its vast Vision 2030 plan which aims to wean the economy off oil, but has so far attracted limited investment from outside the kingdom.

Source: REUTER