New Al Maktoum Road branch offers premium services to privileged customers

Dubai, July 2, 2011: Dubai Islamic Bank (DIB) has opened the doors of a new concept - the first exclusive Al Islami Private Banking branch, for discerning clients who expect nothing but the best. The new elegantly designed branch on Al Maktoum Road in Dubai offers greater convenience and a range of exclusive services for Al Islami Private Banking customers. This stand-alone Private Banking branch is in addition to the 15 Private Banking centres located at various DIB branches across the UAE.

At the Al Maktoum Road branch, Private Banking customers will have access to the personalised services of highly-experienced relationship managers who will help them identify and achieve their financial goals.

"DIB began its journey in 1975 with the opening of our first branch at Al Maktoum Road, Dubai. It's no coincidence then that we are opening our first new concept Private Banking branch at the same location," said Abdulla Al Hamli, CEO, Dubai Islamic Bank speaking at the opening of the new branch. "The launch of this exclusive branch reiterates our commitment to offering our Private Banking customers the most sophisticated, innovative banking services available in the UAE."

"We are constantly evaluating the needs of our premium customers and developed the new branch to offer them a more personalised banking environment", said Dr. Adnan Chilwan, Deputy CEO - Chief of Consumer and Wholesale Banking, DIB. "Customers who visit the new concept branch will be able to fulfill their banking requirements in complete comfort and luxury. As part of DIB's growth strategy, we plan to launch many more Private Banking branches across the UAE over the next few years."

Al Islami Private Banking is privileged banking at its very best and offers customers a wide array of sophisticated Islamic banking products and services - including special structured investment solutions, deposits and treasury products, tailor-made banking solutions, share financing and much more.

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About Dubai Islamic Bank:
Dubai Islamic Bank (DIB), established in 1975, is the first Islamic bank to have incorporated the principles of Islam in all its practices and is the largest Islamic bank in the UAE. DIB is a public joint stock company, and its shares are listed on the Dubai Financial Market. The bank enjoys a reputation as a leader and innovator in maintaining the quality, flexibility and accessibility of its products and services. The bank currently operates 66 branches in the UAE.

DIB has been proactive in creating partnerships and alliances at both the local and international level. The bank has established DIB Pakistan Limited, a wholly owned subsidiary which has a network of 59 branches across 26 major cities in Pakistan. DIB has also started operations in Jordan, with the establishment of Jordan Dubai Islamic Bank

DIB has earned the respect of its peers around the world for many years, and its leading position has been reaffirmed by the 79 local, regional and international accolades that it has won between 2008 and 2010. DIB has won awards across diversified areas, including retail, corporate and investment banking, as well as CSR and consultancy services. The bank's most recent awards include being named "Best Islamic Bank in UAE" for the fifth consecutive year by Islamic Finance News, "Best Islamic Bank" in the UAE for 2010 by NY-based Global Finance magazine, "Best Islamic Bank in the UAE" by Asiamoney magazine, and being named winner of the first-ever Pan-Arab emeafinance award for corporate social responsibility.

For further information, please contact:
Liam Turner / Nicholas Nesson
ASDA'A Burson-Marsteller
Dubai, UAE
Tel: 971-4-3355969
Fax: 971-4-3356080
E-mail: l.turner@asdaa.com / n.nesson@asdaa.com

© Press Release 2011