Abu Dhabi, 14 Nov 2016

Abu Dhabi Commercial Bank, one of the leading UAE banks, announced its long-term partnership with Dubai Police under which, the bank’s credit card holders can utilize a unique and convenient way to pay their traffic fines.

The partnership agreement signed by Dubai Police and ADCB comes in line with the Dubai Smart City initiative, which promotes increased usage of digital channels such as mobile and online platforms. The new facility allows ADCB credit card holders to pay their traffic fines in interest free instalments over 3, 6 , 9 or 12 months by downloading the Dubai Police application or using Dubai Police website.

Omran Taimour, Regional Head - Branch Banking at ADCB said: “We are proud at ADCB to be the first Abu Dhabi based bank to sign up with Dubai Police by launching this unique facility that provides our customers with a quick and efficient system of clearing their traffic fines, whilst facilitating payment flexibility and customer convenience. ADCB has always been committed to enhancing the banking experience for its customers; advantage and introduction of this new payment model is an extension of this commitment.”

On the occasion of inaugurating the service in partnership with ADCB, the Acting Director of the General Department of Finance at Dubai Police, Brigadier Humaid Salem Al Suwaidi, said, “The new initiative falls in line with the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President of the United Arab Emirates, Prime Minister and Ruler of Dubai, may God protect him, to promote community happiness. Adding that Dubai Police HQ & ADCB's recent initiative is aimed at providing financial solutions to the public awhile incorporating the use of technology to introduce efficient and interest free services to the customers to pay off their traffic fines easily.”

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About ADCB
ADCB was formed in 1985 and as at 30 September 2016 employed over 4,500 people from 74 nationalities, serving retail customers and corporate clients in 48 branches, 3 pay offices and 2 branches in India, 1 branch in Jersey and representative offices in London and Singapore. As at 30 September 2016, ADCB’s total assets were AED 255 billion.

ADCB is a full-service commercial bank which offers a wide range of products and services such as retail banking, wealth management, private banking, corporate banking, commercial banking, cash management, investment banking, corporate finance, foreign exchange, interest rate and currency derivatives and Islamic products, project finance and property management services.

ADCB is owned 58.08% by the Government of Abu Dhabi (Abu Dhabi Investment Council). Its shares are traded on the Abu Dhabi Securities Exchange. As at 30 September 2016, excluding treasury shares, ADCB’s market capitalisation was AED 34 billion.

For further details please contact: 
Corporate Communications 
Majdi Abd El Muhdi 
E: majdi.a@adcb.com

© Press Release 2016