ADBI launches a new branch in UAE

9/19/2004 5:40:00 PM GMT

Abu Dhabi Islamic Bank has launched its new branch at the western region of Madinat Zayed.

This new branch is the latest project in a schedule set by ADIB'S delivery network to expand and be able to reach customers all over the UAE.

His Highness Sheikh Abdullah Bin Mohammed Bin Butti Al Hamed, undersecretary, court of the Ruler's Representative in the Western Region, opened this new branch in a ceremony that was attended by Mr. Ahmad Bin Dager Al Murrar, member of ADIB Board of Directors, and Mr. Abdul Aziz Al Muhairi, Acting CEO of ADIB, Mr. Said Bin Rassas Al Mansouri, assistant undersecretary, court of Ruler's Representative in the Western Region and a high-ranking government officials, VIPs and other prominent guests.

ADIB has been offering its various Islamic Banking services in Madinat Zayed since 2001 through an old branch that is now being replaced with the new branch.

Acting CEO Abu Dhabi Islamic Bank, Abdul Aziz Al Mehairi, issued a statement saying: “ADIB recognized the importance of the western region early on, and the bank is intending to offer new services and facilities to the people living in the Western Region due to the tourism and economic development that the region is facing now. And Bank management is pleased to announce the opening of our new branch in Madinat Zayed to augment the Bank's services in the region and raise them to a new standard of excellence."

He added: "The branch is a full service branch offering consumer, commercial and real estate services, and including a dedicated ladies section designed to allow our female customers to transact with ease and comfort. The branch will be equipped with state of the art delivery systems and will use the highest standards of personalized service in meeting customer needs.”

Abu Dhabi Islamic Bank has expanded the range of its product offerings through the past year, by adding a number of best-of-breed products including 'Noor' for education finance, 'Sahel' for auto finance and 'Best Support', an innovative new Shari'a compliant covered card.

In the near future, ADIB plans to offer a number of other new products to satisfy the needs of its customers.