04 Jul 2007 Press Release
 

Emirates Bank Partners With Emaar to Introduce Online Bill Payment Service

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United Arab Emirates, Dubai- 4th July 2007: Emirates Bank, celebrating 30 years of leadership in the UAE banking sector, took its service convenience to new levels with the introduction of the new online bill payment service for Emaar PropertiesEmaar PropertiesLoading.... The EmaarEmaarLoading... online payment service, which is available to Emirates Bank account holders, facilitates all EmaarEmaarLoading... bill payments such as, purchase installments, rental, service fees, maintenance fees and late payment charges.

Mr. Louis Scotto, Emirates Bank General Manager- Retail Banking commented on the new online payment service saying: "In 2007, Emirates Bank's extensive electronic banking channels have left no stone unturned to provide customers with alternative payment solutions to settle most of their utility bills. The service is especially useful during the traveling season and ensures a simple, hassle-free way to settle utility bill payments, even when customers are out of the country."

Scotto continued, "Our significant partnership with Emaar PropertiesEmaar PropertiesLoading... underlines our commitment to become the banking choice for EmaarEmaarLoading... Customers by offering them easy bill settlement for all payments to Emaar PropertiesEmaar PropertiesLoading.... We recognize the immense synergy between both our organizations in building the future of the UAE, and we look forward to unify our efforts for the advancement of the UAE's banking and real estate sectors."

Mr Ahmad Al Matrooshi, UAE Managing Director, Emaar PropertiesEmaar PropertiesLoading..., said: "As the pioneer of master-planned communities in the region, EmaarEmaarLoading... reiterates its commitment to customers through proactive measures aimed at improving their quality of life. On-line payments are today a preferred option for most people, and the tie-up with Emirates Bank complements our initiatives to enhance customer service efficiency."

Emirates Bank customers can use BankNet as a payment mode to settle bills to various parties and government authorities such as Etisalat, DEWA, Dubai Police as well as EmaarEmaarLoading.... Customers can also settle their credit card bills online and even make charity donations. To access this facility, customers must log on to www.me.ae and go to the payments menu on the BankNet webpage and select the payment service required.

Mr. Mohammed Saif Al Falasi, Emirates Bank Head of Alternative Channels commented on this facility saying, "Emirates Bank believes in the importance of the bank's electronic banking channels. We are constantly thriving to bring our services closer to our customers and we believe that BankNet is an excellent way to do this. Our portfolio of payment services is progressively growing to meet the different needs and lifestyles of residents of UAE and ensures that wherever our customers are in the world, they are able to make the necessary transactions to settle their bills back home."

-Ends-

About Emirates Bank
Emirates Bank, who celebrates their 30th anniversary this year, offers a full range of retail banking products and services under the 'me' brand name. These include: meACCOUNTS (current & savings Accounts), meSAVE (tiered saving Accounts) meDEPOSITS (Term Deposits), mePERSONAL (Personal Loans), meDRIVE (Car Loans), meCARDS (Credit Cards), meUNI (Student-Oriented Banking Products/Services), meLADY (Female-oriented Banking Products) meINSURANCE (Insurance Products), meNRI (for Indian Expatriates), meNRL (for Lebanese Expatriates), and meMILES (Credit Card Loyalty Programme). In addition, Emirates Bank offers its customers priority banking services through its Al Shaheen Club.

Emirates Bank has been awarded the coveted status of a 'Superbrand' for the past three consecutive years.

Emirates Bank offers its customers the convenience of banking across a range of channels (on-line, phone banking) and through visiting one of the wide network of branches across the UAE.

EBI is a pioneer of Online Banking in the region. The online banking system, BankNet is a highly secure and reliable banking platform. Internet Banking is one of the easiest and most convenient methods of accessing bank account details and conducting a number of transactions. Emirates Bank customers can use BankNet as a payment mode to settle bills to various parties and government authorities to include: Etisalat, DEWA, Emirates Bank Credit Cards, Dubai Police, EmaarEmaarLoading... and du. Customers can even make charity donations online. To access this facility, customers must log on to www.me.ae and go to the payments menu on BankNet webpage and select the payment service required.

Emirates Bank has an extensive network of Automated Teller Machines (ATMs) and Automated Cash and Cheque Deposit Machines, which the bank is constantly expanding to offer ultimate customer convenience.

Emirates Bank offers customers a convenient and personalized service through SMS. The service alerts the customer to any activity on accounts and credit cards which may have been made through any channel. The Emirates Bank PDA Service enables customers to access their account details as well as make select transactions.

As for Emirates Bank Automated Telephone Banking Service, it is a simple way to obtain information/details on bank and credit card accounts, funds transfers, utility bill payments, loan details and statement requests. The service is quick and easy to use by simply following the clear instructions.

About Emaar PropertiesEmaar PropertiesLoading... PJSC:
Emaar PropertiesEmaar PropertiesLoading... PJSC is one of the world's largest real estate companies and is rapidly evolving to become a global provider of premier lifestyles. Powered by its Vision 2010 to become one of the most valuable companies in the world, EmaarEmaarLoading... is charting a new course of growth with a two-pronged strategy of geographical expansion and business segmentation.

Replicating its successful business model in Dubai, EmaarEmaarLoading... is extending its expertise in creating master-planned communities to international markets. EmaarEmaarLoading... is also developing new competencies in retail, hospitality and leisure, education, healthcare, finance and industry, which have evolved from its integrated approach to customer service and property development.

Listed on the Dubai Financial Market, part of the Dow Jones Arabia Titans Index and certified to ISO9001:2000 for quality standards, EmaarEmaarLoading... is developing Burj Dubai, on its way to become the world's tallest tower, and The Dubai Mall, one of the world's largest shopping and entertainment destinations. In Saudi Arabia, EmaarEmaarLoading... is developing King Abdullah Economic City, the region's largest private sector-led project. EmaarEmaarLoading...'s portfolio currently covers the following countries: the UAE, Saudi Arabia, Jordan, Syria, Lebanon, Morocco, Egypt, Turkey, Libya, India, Pakistan, Indonesia, the US, the UK, France and Canada.

An award-winning developer, EmaarEmaarLoading... has strengthened its product sale competencies, market reach and best practices through strategic acquisitions and joint ventures. EmaarEmaarLoading... acquired John Laing Homes, America's second largest privately held home builder; Hamptons International, UK's premier realtor; and formed a joint venture with US-based Turner International to strengthen execution capabilities.

EmaarEmaarLoading... has joined hands with Giorgio Armani and Accor Hotels to strengthen its presence in hospitality, and will launch ten luxury Armani resorts and hotels world-wide and 100 Formule 1 budget hotels in India. The company is opening educational institutions and healthcare centres in South Asia, Middle East and North Africa and the Subcontinent. EmaarEmaarLoading... acquired Singapore-based leading education provider, Raffles Campus, to extend expertise to its educational institutions.

EmaarEmaarLoading... holds 30 per cent equity in Dubai Bank, focused on retail and commercial banking. EmaarEmaarLoading... is also the largest shareholder in Amlak Finance, UAE's leading Islamic home financing company.

For more press information please contact:
Zeina El Haj
PR, Events& Sponsorship Manager
Emirates Bank
Tel: 04-209-2669
Fax: 04-225-0866
Email: ZeinaH@emiratesbank.ae

Shimaa Elsayed
Account Manager- PR
Tamra-C2
T: 04 295 1177
F:04 295 1188
Email: shimaa@tamra-c2.com

© Press Release 2007

from Tamra - C2
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