Dubai Bank opens new branch in Khorfakkan

The branch opening was attended by His Highness Sheikh Saeed Bin Saqr Al Qassimi, Deputy Head of the Emiri Court in Khorfakkan, along with Dubai Bank CEO Salaam Al Shaksy and senior Dubai Bank executives.

The dignitaries examined the latest technologies installed at the Khorfakkan branch enabling it to provide more efficient and effective service to the bank's customers.

Like Dubai Bank's other 17 branches, the Khorfakkan branch will offer customers access to all of the bank's competitive Sharia'a-compliant products and services.

Commenting on the occasion, Mr Al Shaksy said: 'Since its inception, Dubai Bank has been committed to providing a host of innovative and competitive Sharia'a complaint products and services that raised the bar of effective Sharia'a complaint banking. The bank's new strategy has led to clearly positive results with a significant increase in the number of our clients.'

'Dubai Bank's campaign of new branch openings, one of which is here in Khorfakkan, are an embodiment of visionary planning and successful implementation, and is a new step towards achieving our ambition of enhancing our reach and facilitating accessibility for our clients, wherever they may be, to our wide range of Sharia'a-compliant banking products and services,' he added.

Dubai Bank is an ethical and Sharia'a-compliant Bank operating in the UAE, and is a member of the Dubai Group.

The bank's impressive range of innovative Sharia'a-compliant products and services has proven enormously popular among UAE residents, making it one of the fastest growing financial institutions in the region.

Dubai Bank's impressive growth continued as it started 2008 on an excellent note, following a 102% growth in annual profit in 2007 to reach Dhs211m.