UAE to see more branches of the Dubai Islamic Bank

by Richard Kilner

Story link: UAE to see more branches of the Dubai Islamic Bank

The UAE will see the Dubai Islamic Bank expand its network of branches, with four more to be added.

The new branches will be cited in Abu Dhabi, Sharjah, Ajman, and Ras Al Khaimah, and will increase the DIB’s branches in the UAE to 48.

Ladies banking branches will be introduced to the Al Hera area of Sharjah and Ras Al Khaimah, with the other two new branches being located in the Morour area of Abu Dhabi and Al Nuamah, Ajman.

Nasser Al Awadi, of the DIB, has expressed his delight at the new branches, explaining that they are being opened in an effort to improve the bank’s distribution channels and meet rising customer demand for high quality Islamic banking.

The new branches will be offering a broad range of products, such as current, savings and investment deposit accounts, trade finance and other services.

The Abu Dhabi branch will be managed by Suhail Al Shamsi, Naofal Abd Al Karim Al Shawarib is to be the manager of the Ajman branch, the Sharjah branch will be managed by Sarah Ahmad Ebrahim, and Fatima Al Suwaidi will lead the Ras Al Khaimah branch.