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ADIB celebrates 37 years of the UAE with 37 weeks of special promotions

Abu Dhabi Islamic Bank (ADIB) has announced plans to celebrate this year's UAE National Day with an innovative programme that sees the bank offer a 0% profit rate to new Visa Covered Card customers and an increased profit rate for new Time Deposit customers, both for a period of 37 weeks (nine months).

  • United Arab Emirates: Saturday, November 29 - 2008 at 13:52
  • PRESS RELEASE


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To help celebrate the UAE's 37th birthday, ADIB has produced a specially-designed limited edition Visa Covered Card, featuring a colourful '37' logo, which is set to become a desirable addition to any customer's wallet.

Through its '37' campaign, ADIB becomes the first bank in the UAE to offer 0% profit on its card products for nine months, effectively making use of the card free of charge to customers during this time. Interested customers can apply for the card from now until 3rd February and enjoy free issuance fees and a complementary discount programme across a selection of 25 retail brands in the UAE.

New and existing Time Deposit customers who deposit new funds will enjoy special profit rates of between 3.7% for 37 days and 5% for 37 weeks, provided that the funds are deposited before 3rd February. As part of the promotion, customers taking up this offer will also receive a free ADIB Visa covered card, free current account for one year and more special features.

Another National Day initiative that ADIB is launching is the monthly draws in January and February for existing Visa covered card users. ADIB will offer 37 winners 0% profit rate for 37 weeks.

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About ADIB:
Abu Dhabi Islamic Bank (ADIB) was established on 20th May 1997 as a Public Joint Stock Company following the Amiri Decree No. 9 of 1997. The Bank commenced commercial operations on 11th November 1998, and was formally inaugurated by His Highness Sheikh Abdullah Bin Zayed Al Nahyan, on 18th April 1999. The Bank carries out all contracts, operations and transactions in accordance with Islamic Shari'a principles. ADIB commenced its operations with a paid-up capital of Dhs1bn, where the founding shareholders include Members of the Ruling Family, The Abu Dhabi Investment Authority and Prominent UAE.

ADIB's mission is to offer financial solutions for the global community, and its vision is to become a top tier Islamic financial services group.

ADIB prides itself on its values which reflect the Bank's commitment to the Islamic Shari'a, and the guidelines of the Bank's practices adhere to the principles of Islam. ADIB's value structure consists of transparency, quality, Innovation, professionalism, social responsibility and empowering its staff.

For more information please contact:
Firas Mahmoud
Senior Account Executive
WEBER SHANDWICK l MENA
Villa 17/2, Corniche Al Qurm
P.O. Box 129014, Abu Dhabi, UAE
Tel :+971 2 4494457
Fax :+971 2 4494833
Rana Mesbah Posted by Rana Mesbah
Saturday, November 29 - 2008 at 13:52 UAE local time (GMT+4)

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