Visa names Royal Banking Vertical Covered Card 'Best AP CEMEA Card Design'

Dubai, August 6, 2011: Dubai Bank today announced that its Royal Banking Covered Card had been recognized with a design award from Visa. The black and gold card, which takes its inspiration from Islamic art, was named "Best AP CEMEA Card Design" by Visa.

Collecting the award, Hisham Hammoud, Dubai Bank Head of Retail Banking Group said: "The Dubai Bank Covered Card is all about superior performance and rewards, and we worked hard to ensure the design reflected this ethos. On behalf of the bank, I thank Visa for recognising the hard work and attention to detail that went into developing the Royal Banking Covered Card."

Dubai Bank's Royal Banking is a complete wealth management solution for premium customers who seek customized solutions and personalized service across all banking channels. The Shari'a compliant Covered Card allows customers control over their finances while earning rewards on their everyday spending, such as discounts of up to 50 per cent for shopping, dining, entertainment and more. In addition, the Card provides purchase protection, life Takaful and travel assistance.

Mr. Waleed Saeed Al Awadi, Dubai Bank, Head of Branches and Royal Banking, Deputy Chief Marketing Officer, said: "We are delighted to receive such an award that reflects Dubai Bank's commitment towards its customers.

"The design of this card has been recognized for its uniqueness of being the first vertical card presented to the UAE market, while boasting a striking regal aesthetic that is a reflection of the customers who posses them."

The "Best AP CEMEA Visa Card Design" is voted by all Visa employees across AP and CEMEA markets on a periodic basis. 

This award is the latest accolade for the Dubai Bank Covered Card. In 2009, the Card was named "Best Islamic Credit Card" Award at the Banker Middle East Product Awards.

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About Dubai Bank:
Since its launch in September 2002, Dubai Bank has placed service, transparency and convenience at the forefront of its operations, introducing a wide range of unique products and services to the market.

On January 1, 2007, Dubai Bank was converted into a Shari'a-compliant financial institution. Today, Dubai Bank offers a comprehensive range of Shari'a-compliant products and services that cater to the needs of its retail, corporate and investment banking clients, including transaction and deposit accounts, personal finance, trade finance, corporate finance and capital market services, as well as a host of other unique banking services. In addition, all of the bank's activities are carried out in full compliance with the highest global standards of ethical banking. For more information, please visit www.dubaibank.ae

For further information, please contact:
Liam Turner / Tameem Alkintar
ASDA'A Burson-Marsteller
Dubai, UAE
Tel: 971-4-3355969 Fax: 971-4-3356080
E-mail: l.turner@asdaa.com / t.alkintar@asdaa.com

© Press Release 2011