Bank Frick, based in Liechtenstein, is set to expand its international presence by opening a branch in Dubai's financial hub, the Dubai International Financial Centre (DIFC), after applying for a category 4 licence from the Dubai Financial Services Authority, expected in 2025. CEO Edi Wögerer highlighted Dubai's emergence as a blockchain and crypto hub, along with its appeal to asset managers and family offices, aligning with the bank's growth strategy. The new branch will enhance client proximity and serve as a strategic link to the bank's headquarters, led by Stefan Rauti, who has extensive industry experience.