Aug 23 2011 |
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DIB continues expansion with new Sharjah branch
Sahara Centre branch inauguration brings UAE-wide network to 69 branches
Dr. Adnan Chilwan, Deputy CEO - Chief of Consumer and Wholesale Banking, Dubai Islamic Bank , said: "The continued expansion of DIB 's UAE-wide branch network is a central plan of our long-term customer acquisition strategy. Ensuring branches are located near our existing and potential customers has made a significant contribution to DIB 's impressive growth in its core operations in 2011, and will continue to do so as we look towards the remainder of the year."
Rashid Mahboob, Head of Mass Market, Dubai Islamic Bank , said: "The opening of the Sahara Centre branch is in response to the growing needs of customers in Sharjah. Moreover, this branch reflects the increasing demand from customers for even easier and more convenient banking services. In light of this, DIB will continue with a strategy of opening more branches in malls as they allow customers to conveniently combine banking with shopping activities."
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 69 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 64 branches across 26 major cities in Pakistan. DIB has also started operations in Jordan, with the establishment of Jordan Dubai Islamic Bank
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
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