Dubai Islamic Bank opens two new branches

The newest branches are located on Oud Metha Road in Oud Metha, Dubai, and an exclusive ladies branch "Johara", in Abu Hail, Dubai

Mohammad Al Ameery, Senior Vice President and Deputy Head of Retail and Business Banking Services, DIB, said: "We are delighted to announce the opening of DIB's new branches, which comes in line with our strategy to enhance distribution channels across the country and meet the ever-increasing customer demand for quality Islamic banking products and services."

He continued: "The opening of these two branches reflects DIB's proud tradition of providing world-class services to our valued customers across the UAE and the wider region. DIB is planning to launch 11 more branches this year, which will take our total network to 52 branches across the UAE by the end of 2007. The new branches will offer a wide range of services, including current, savings and investment deposit accounts, Murabaha, trade finance and many other products."

Marwan Al Ghaith has been appointed Branch Manager of the Oud Metha branch. He has extensive experience in the industry and has held various positions within DIB. He holds a Masters degree in International Trade Law from Case University in the United States.

Ms. Safiya Abdullah has been appointed Branch Manager of the Ladies branch "Johara" in Abu Hail. She joined DIB in 2000 and she has several years of experience in banking, during which she held diverse senior positions at Standard Chartered Bank and Lloyds Bank.