Finance, Taxes, Insurance
Swiss Banks Provide Gulf Bizjet Financing
A number of Swiss banks are financing business jets in the UAE
Oliver Tebbit, partner, Watson, Farley & Williams, Dubai
Oliver Tebbit, partner, Watson, Farley & Williams, Dubai

A number of Swiss banks are financing business jets in the UAE, while others use wider private banking relationships to close financing from the canton, according to a lawyer active in the region.

Oliver Tebbit, partner at Watson Farley & Williams in Dubai, told AIN, “You’ve got the classic Swiss banks, some of whom have local branches, who are interested in financing business jets in order to support their private client relationships. As an adjunct of their wealth management activities, they will finance aircraft from Switzerland,” he said.