Register | Forgot password?
Switch to Arabic
Monday, November 9 - 2009

HH Sheikh Suroor bin Mohammed opens Dubai Bank's new branch in Abu Dhabi

  • United Arab Emirates: Wednesday, April 09 - 2003 at 10:38
  • PRESS RELEASE

His Highness Sheikh Suroor bin Mohammed Al Nahyan, The Chamberlain of the Presidential Court, formally opened Dubai Bank's new branch in Abu Dhabi yesterday.

Article continues below
  • His Highness Sheikh Suroor bin Mohamad Al Nahyan, The Chamberlain of the Presidential Court, formally inaugurating Dubai Bank's new branch in Abu Dhabi, in the presence of Mr. Mohamed Ali Alabbar, Chairman of EMAAR Properties and Vice Chairman of Dubai Bank and Mr. Ahmed Bin Brek, Chief Executive Officer, Dubai Bank.
    His Highness Sheikh Suroor bin Mohamad Al Nahyan, The Chamberlain of the Presidential Court, formally inaugurating Dubai Bank's new branch in Abu Dhabi, in the presence of Mr. Mohamed Ali Alabbar, Chairman of EMAAR Properties and Vice Chairman of Dubai Bank and Mr. Ahmed Bin Brek, Chief Executive Officer, Dubai Bank.
This move will pave the way for further expansion in the UAE and mark the opening of more branches later this year.

The event was also attended by His Highness Sheikh Mohammed bin Suroor Al Nahyan, Mr. Mohamed Ali Alabbar, Chairman of EMAAR Properties and Vice Chairman of Dubai Bank, Mr. Mohammed Ali bin Zayed, Deputy Governor of the UAE Central Bank and other dignitaries from the banking sector.

At the launch of the 'boutique' branch, Mr. Ahmed Bin Brek, Chief Executive Officer, Dubai Bank said: "When we launched operations in Dubai six months ago, His Highness Sheikh Hamdan bin Mohammed Al Maktoum, Chairman of Dubai Bank, said we would bring "a breath of fresh air" to the banking sector. Today we are keeping that promise with the innovation of a 'boutique' branch in Abu Dhabi offering the transparency, speed of service and flexibility expected by our customers."

"The Abu Dhabi branch marks the beginning of an expansion plan for Dubai Bank that will see branches throughout the Emirates", added Mr. Bin Brek.

Ms. Latifa Fikree, Vice President, Distribution, Dubai Bank said: "Conveniently located at Abu Dhabi Mall, Dubai Bank's new branch offers a full suite of services, including its trademark paperless account opening facility. This allows customers to sign up with a single specimen signature for a full range of products and services, including acquiring chequebooks, global ATM cards, cash withdrawals and deposits."

Speed and convenience are key differentiators for Dubai Bank, which provides swift access to banking services through the rapid activation of accounts. Customers are issued chequebooks and ATM cards within 20 minutes.

Dubai Bank's product range includes checking and savings accounts, a Twin Account (which combines checking and savings options in one), a Value Account (which offers preferential rates on high balances) and a Call Account (which invests idle funds that can be withdrawn at short notice). The bank also offers attractive personal and car loans as well as investment products and credit cards.

ends

Also consider reading:
Log in to request more information from Dubai Bank

Notes and media contacts

For further information, please contact:
Stefan Batory / Sameh Hamtini
ASDA'A Public Relations
Burson-Marsteller exclusive Middle East affiliate
Tel: 971-4-3344550, Fax: 971-4-3344556,

Dubai Bank, launched by EMAAR Properties in September 2002, is in total conformity with EMAAR's core real estate focus, which aims at optimising the investment of group resources, while actively diversifying the sources of its revenues. Dubai Bank has already distinguished itself with its fresh approach to banking and unparalleled range of banking products and services. Technology is a strong enabler as is adherence to international best practices that will exemplify Dubai Bank as a world-class institution synonymous with modernity, excellence and innovation. The three-storey glass and marble building located near the Dubai World Trade Centre, houses both the first branch and executive offices of Dubai Bank and reflects the futuristic and transparent approach of this dynamic new financial services company.

In addition to Dubai Bank, EMAAR's subsidiaries also include AMLAK Finance, the UAE's first and only mortgage company, EMRILL, a joint venture between EMAAR and the UK-based Carillion plc, and Sahm Technologies.

Disclaimer:

Articles in this section are primarily provided directly by the companies appearing or PR agencies which are solely responsible for the content. The companies concerned may use the above content on their respective web sites provided they link back to http://www.ameinfo.com

Any opinions, advice, statements, offers or other information expressed in this section of the AMEinfo.com Web site are those of the authors and do not necessarily reflect the views of AME Info FZ LLC / Emap Limited. AME Info FZ LLC / Emap Limited is not responsible or liable for the content, accuracy or reliability of any material, advice, opinion or statement in this section of the AMEinfo.com Web site.

For details about submitting your stories, please read the guide - all content published is subject to our terms and conditions