| 14 Mar 2010 |
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ADIB Launches New Branch at "Al-Bawadi Mall" in Al-Ain
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Launch in line with ADIBADIB
's expansion plans in the UAEAbu Dhabi: Abu Dhabi Islamic BankAbu Dhabi Islamic Bank
(ADIBADIB), one of the leading Islamic banks in the region, has announced the launch of its new branch at Al-Bawadi Mall in Al-Ain region. The new outlet reflects Bank's expansion strategy to strengthen its on-ground presence and services outreach within the UAE while offering a wider array of comprehensive Islamic banking services.In an endeavor to provide the best customer experience, ADIBADIB consciously decided to keep branch timings in malls from 10:00am to 10:00pm throughout the week. The new Al-Bawadi Mall branch will also follow the same timings in order to provide convenience to customers. The new branch, located on the Ground Floor at Al-Bawadi Mall, will offer customers financial flexibility through access to a large portfolio of Shari'a compliant products for individuals and businesses.
Commenting on this step, Sameh Al-Awadallah, ADIBADIB's Head of Branches, said: "ADIBADIB's current strategy is to increase coverage and penetration of our services and products by depth and width across UAE, in order to cater to the growing needs of our clients. Within this context, we are situating our branches and services in vital areas across the country. Through the opening of our new branch in Al-Bawadi Mall we are taking an additional step towards maintaining our position as one of the leading providers of comprehensive Islamic banking services."
It is worth noting that Al-Bawadi Mall branch will be supervised by Saeed Salem Al Saedi and its operating staff will constitute of highly qualified UAE National personnel. Trained and well-versed with ADIBADIB's long-standing legacy in the Islamic Banking business, the caliber of the UAE National staff reflects the Bank's aim to support and develop national talent.
Commenting on the ever-evolving Islamic banking landscape Al-Awadallah said, "We have to keep increasing our branches in the UAE and continue offering up-to-date Islamic banking services for our customers wherever they are."
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About ADIB:
Abu Dhabi Islamic BankAbu Dhabi Islamic Bank
(ADIBADIB) was established on 20th May 1997 as a Public Joint Stock Company following the Amiri Decree No. 9 of 1997. The Bank commenced commercial operations on 11th November 1998, and was formally inaugurated by His Highness Sheikh Abdullah Bin Zayed Al Nahyan, on 18th April 1999. The Bank carries out all contracts, operations and transactions in accordance with Islamic Shari'a principles. ADIBADIB's mission is to offer financial solutions for the global community and its vision is to become a top tier Islamic financial services group.ADIBADIB prides itself on its values which reflect the Bank's commitment to the Islamic Shari'a, and the guidelines of the Bank's practices adhere to the principles of Islam.
www.adib.ae
For media information, please contact:
Wasim Ben Khadra
Senior Officer - Corporate Communications Dept. Abu Dhabi Islamic BankAbu Dhabi Islamic Bank
Tel: +971 2 610 0862
Email: wasimbenkhadra@adib.ae
Mohammad Al-Qassem
Senior Account Executive
Weber Shandwick - MENA
Tel: +971 4 3210077
Email: mohammad.alqassem@ws-mena.com
© Press Release 2010
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