Abu Dhabi: Abu Dhabi Commercial Bank (‘ADCB’) and Al Hilal Bank today signed an agreement with Etihad Holidays, the destination and leisure management arm of Etihad Airways, which will provide customers of both banks an easy payment plan when booking an Etihad Holiday. The partnership comes in line with ADCB’s continued commitment to providing an exceptional experience to its customers as well as strengthening its relationship with key partners.
The signing ceremony took place at the Etihad Aviation Group Headquarters in Abu Dhabi, between Mr. Hareb Almuhairy, Senior Vice President Destination and Leisure Management at Etihad Airways and Omran Taimour, Regional Head - Branch Banking from ADCB in the presence of senior officials from ADCB and Etihad Airways.
Ian Hodges, Head- Personal Banking at Al Hilal Bank said: “At Al Hilal Bank, the customer need is always first and with this new proposition we hope that we are inspiring and enabling people to travel more and explore the world while enjoying rewards and benefits that go beyond their expectations.”
Hareb Almuhairy, Senior Vice President Destination and Leisure Management at Etihad Airways said: “Etihad Holidays offers our guests the ability to enjoy rich travel experiences, and we strive to make this as accessible as possible for everyone. We are pleased to extend our partnership with ADCB and Al Hilal Bank to offer convenient payment solutions and the Easy Payment Plan which will enable more people to enjoy the unique range of holidays and incredible travel experiences we offer.”
ADCB Group is a leading UAE banking group that provides over 1 million customers with a full suite of products and services, spanning Consumer Banking, Wholesale Banking, Treasury & Investments and Property Management. ADCB operates a network of 72 branches and over 450 ATMs across the UAE.
On 1 May 2019, ADCB and Union National Bank merged and the combined entity acquired Al Hilal Bank, which operates as a separate Islamic banking entity under its own brand within the Group. The transaction reinforced ADCB’s position as the third largest bank in the UAE by assets. As at 31 December 2019, the Group’s total assets stood at AED 405 billion.
ADCB Group, which is 60.2% owned by the Government of Abu Dhabi through the Abu Dhabi Investment Council, trades on the Abu Dhabi Securities Exchange (ADX) under the ticker of ADCB. As at 31 December 2019, ADCB’s market capitalisation was AED 55 billion.
Further information on ADCB can be found at adcb.com
About Etihad Aviation Group
Etihad Airways, the national airline of the UAE and a division of the group, was formed in 2003 and quickly went on to become one of the world’s leading airlines. Etihad Airways flies to over 84 destinations with a fleet of 100 Airbus and Boeing aircraft, serving 17.8 million passengers and carrying 682,100 tonnes of cargo in 2018. In recent years, the organisation has received numerous awards for its superior service and products, cargo offering, loyalty programme, aviation training and Maintenance, Repair and Overhaul (MRO) service.
Etihad Holidays is a division of the Etihad Aviation Group that offers a comprehensive range of holiday packages to Etihad Airways destinations providing a complete travel packages including fly-drive, car rental, special tours and cruises.
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© Press Release 2020