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Abu Dhabi - Abu Dhabi Islamic Bank (ADIB), a leading financial institution, has been recognised by the Banker Middle East for having the "Best SME Internet Banking Service", and "Best SME Exchange Service".
ADIB's Business Internet Banking platform provides a range of essential services specifically tailored for small to medium sized businesses for more convenient and secure banking. Features include the ability to make unlimited wire transfers to any account in the world free of charge with no limit on the transferred amount, and the functionality to pay bills and covered card payments, among many other services.
Responding to the award, Tirad Al Mahmoud, CEO of ADIB, said: "We have made some great strides in developing our offering to SME customers over the past few years, with new enrollments for ADIB's Business Internet Banking service growing 106% year on year. ADIB recognises the importance of SMEs to the local economy and we have a pipeline of initiatives in place to further enable business owners to reach their full potential. We are also heavily investing in our internet banking platform to deliver the best banking experience to our customers. This award shows that our clients have made the right decision in choosing to bank with ADIB."
ADIB Business provide its customers with a dedicated and expert relationship managers who understand business customers' needs and requirements, to help them share their knowledge and expertise, and guide them on best practice in the area of money exchange and international trading.
Mahdi Kilani, Head of Business Banking at ADIB added: "SMEs play a crucial role in the UAE's economic growth, and we have built our Business Banking strategy around them to provide them with the support they need. We believe that SME businesses will remain the engine of growth for the UAE economy, but they can only succeed if their banking partners have a clear understanding of their needs and are responsive to them. ADIB ticks all the boxes in this respect."
The annual Banker Middle East Awards are designed to recognise banking and financial products and services that are either exceptionally innovative or have seen excellent financial performance which has supported their market share.
ADIB's latest award follows a number of others, namely "Best Private Bank in the Middle East for Islamic finance" by Private Banker International magazine, "Best Private Bank in the UAE for 2015" by Global Finance Magazine, and "Best Islamic Bank in the UAE" award from EMEA Finance Magazine for the fifth year in a row.
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About ADIB:
ADIB is a leading bank in the UAE with more than AED 110 billion in assets. Its 855,468 customers benefit from the third largest distribution network in the UAE with 88 branches and more than 757 ATMs. The bank also offers world-class online, mobile and phone banking services, providing clients with seamless digital access to their accounts 24 hours a day. ADIB provides retail, corporate, business, private banking and wealth management solutions. The bank was established in 1997 and its shares are traded on the Abu Dhabi Securities Exchange (ADX).
In the UAE, the Bank has more than 2,300 employees and remains one of the leading banks in the recruitment, development and promotion of local talent in all the markets in which it operates. The bank has one of the highest Emiratisation ratios with more than 45% of the bank's workforce being UAE Nationals.
ADIB is a leading global advocate of Ethical Finance and in 2012, in partnership with Thomson Reuters, the bank launched the Ethical Finance Innovation and Challenge Awards (EFICA). In 2015, the awards received over 200 applications from all over the world.
ADIB has presence in six strategic markets: Egypt, where it has 70 branches, the Kingdom of Saudi Arabia, the United Kingdom, Sudan, Iraq and Qatar.
Named "Best Bank in the UAE" by The Financial Times' The Banker publication, ADIB has a rich track record of innovation, including introducing the award-winning Ghina savings account, award-winning co-branded cards with Etihad and Etisalat and a wide range of financing products.
For media information, please visit www.adib.ae or contact:
ADIB Brunswick Group
Radwa Nasraldin Shehab Mouaffak Hajjar
Direct: +971 2 412 8093 Direct: +971 4 446 6277
Mobile: +971 50 473 4482 Mobile: +971 56 174 88183
Email: Radwa.Shehab@adib.com Email: ADIB@brunswickgroup.com
© Press Release 2016
