Premier UAE bank receives ISO certification

Dubai, 26 August 2008: Dubai Bank, a Dubai Group company, has announced its Information Security Management System (ISMS) has been accredited at the highest possible level, receiving ISO 27001:2005 certification. This is an all encompassing international standard, designed to protect and improve the security of financial information and transactions for the bank and its customers. The accreditation endorses Dubai Bank as being ultimately modern and reliable to its customers in terms of protection of information, meeting top international level requirements.  

Accredited ISO auditors TUV Rheinland ME FZE assessed Dubai Bank's compliance with the various requirements for certification and after conducting the audit, the team recommended the issue of a certificate of compliance, which was received by Dubai Bank on June 25, 2008.

Commenting on the certification, Dubai Bank's CEO Salaam Al Shaksy said, "This is yet another accomplishment in line with Dubai Bank's quest for continual improvement and customer satisfaction. Being ISO-certified is an important achievement for any business in this day and age. Dubai Bank has received the highest accreditation available today for information security, a vital step forward in line with the demands associated with modern technology and the risks attached thereto."

According to Chief Risk Officer of Dubai Bank, Pravin Kandhari, "Today's customers are better educated, and they understand the risks of living in a constantly connected world, so they have higher expectations of service quality and security. Dubai Bank's ISMS was developed to address the needs of control standards and system compliance."

Faizal Eledath, Chief Information Officer at Dubai Bank, said, "This is the second ISO certification received by Dubai Bank, after its IT Department received ISO 9001:2000 certification in November 2007. With its rapid expansion and offering of attractive and innovative Shari'a-compliant products and services, Dubai Bank is aiming to significantly build up its customer base, and its commitment to ensuring the security of all customer and transaction information by using state-of-the-art technologies and industry best practices is touted as part of its consistency in providing high-quality service."

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For further information, please contact the Corporate Communications Department of Dubai Bank on +971-4-332 8989

© Press Release 2008