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Emirates Islamic Bank continues its rapid growth by opening a new branch in Al Twar

  • United Arab Emirates: Wednesday, February 13 - 2008 at 15:19
  • PRESS RELEASE

Emirates Islamic Bank (EIB) took another step in line with its rapid growth by opening its 22nd branch in the country.

The new branch, located in Al Twar, Al Nahda Road (Al Qusais 2), near Al Twar Centre, was officially inaugurated 13th of February.

The ribbon cutting ceremony was graced by the CEO of the bank in the presence of senior dignitaries, bank board members and other officials.

The CEO of Emirates Islamic Bank, Ebrahim Fayez Al Shamsi stated, "Right since our inception, it has been our aim to be a frontrunner in providing personalized dynamic and efficient services to our customers. Branch expansion is a key element of this strategic priority. I am pleased to say that we have even more grand plans to increase our footprint in all the locations that our customers need us and consequently increase the reach of Islamic banking services. This is also our way of keeping pace with the immense progress that the nation is making."

Like all EIB branches, Al Twar branch has been designed to cater to a wide variety of banking needs of customers and in the most customer friendly way possible. The branch will have all of EIB's retail banking products and services, 24-hour ATM withdrawal and deposit services, "Al Reem" ladies banking as a separate section, as well as the Ethmar priority banking service that enables affluent customers at Al Twar and the surrounding areas to benefit from a host of privileges.
The ribbon cutting ceremony was graced by the CEO of the bank in the presence of senior dignitaries, bank board members and other officials. 
The ribbon cutting ceremony was graced by the CEO of the bank in the presence of senior dignitaries, bank board members and other officials.
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Issued on behalf of Emirates Islamic Bank by tamra C2. For additional information, please contact Randa Gharzeddine
Tel: 009714 295 11 77
Fax: 009714 295 11 88

About Emirates Islamic Bank:

Emirates Islamic Bank opened its doors in October 2004 with a mission to provide consumers in the UAE with effective and innovative Shari'a-compliant financial solutions.

The Bank offers a range of Shari'a compliant products and services conforming to the highest standards of Islamic finance and all its activities are overseen by a Shari'a board comprising several prestigious scholars of Islamic law.

On the retail side, the bank has an array of products, such as a full range of credit cards including Visa Infinite Card; Manzili Home Finance, Intaleq Car Finance, and many other products. The bank has also launched Al Reem Ladies Banking, a specialized banking service designed to cater to the banking and financial needs of women in the region.

The bank also offers Ethmar Priority banking to suit the demands of the high-net-worth clients.
Emirates Islamic Bank is very active on the Corporate Banking level, seeking exceptional investment opportunities in the local as well as the regional market. Within almost three years of its inception Emirates Islamic Bank has managed to position itself as one of leading financial players in the UAE's banking sector. The bank's rapid growth and success is mainly due to its continued successful launch of Shari'a compliant products, services and other key business initiatives.

EIB is headquartered in Dubai and employs more than 800 staff.

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