• HSBC

Ajman Bank unveils fourth branch in Abu Dhabi

  • United Arab Emirates: Tuesday, October 13 - 2009 at 13:37
  • PRESS RELEASE

Ajman Bank was officially opened its first branch in Abu Dhabi at a formal ceremony led by H.E. Sheikh Nahyan Bin Mubarak Al Nahyan, Minister of Higher Education and Scientific Research and Deputy Chairman, HH Sheikh Ahmed bin Humaid Al Nuaimi, Board member HH Sheikh Rashid bin Humaid Al Nuaimi.

The branch, the first in the capital and the second outside Ajman, now places the bank in three of the UAE's emirates including the recent Sharjah branch which opened last month. This is a significant move for the bank which began operations in February this year and has continued to pursue its growth plans which will see a branch in Dubai open before the end of the year.

The new Ajman Bank Abu Dhabi branch is situated in Makeen Tower in close proximity to arterial road Al Salam Street, renowned for being one of the busiest streets in the city. The branch is also positioned opposite the Abu Dhabi Mall and overlooks the Tourist Club, both of which offer population destinations for the local population and will potentially generate high levels of footfall. Occupying two floors of the tower, the new branch has a stylish mezzanine for Ajman Bank's Affluent Banking customers, and boasts its own private lift.

The arrival of Ajman Bank's fourth branch in Abu Dhabi is a positive sign of the bank's continued success in its expansion. With two branches now open in Ajman, and one in Sharjah, the launch in Abu Dhabi demonstrates the strength of Ajman Bank's growth plans throughout the UAE.

For a bank which focuses on community banking as a key approach, being in Abu Dhabi will certainly support its endeavours to understand and address the needs of the local community as well as bringing back the human touch so often lost in modern banking.

Ali E Alshaqoosh Al Mueen, acting CEO of Ajman Bank, said:
"We are extremely proud to be opening our fourth branch in the UAE. Quarters one and two have been crucial times for us to establish our key operations and continue our expansion across the UAE, and our latest branch opening is testament to the success we have achieved seen in these goals. This latest operation in Abu Dhabi will enable us to continue on our path to further develop and grow our services, reaching out to ever more customers."


Ali E Alshaqoosh Al Mueen adds, "Of course being part of the community is essential to us. Developing new strategic alliances and partnerships within Abu Dhabi as we have done with similar organisations in Ajman will remain a part of our outreach in the Emirate as well as being a core part of our development activities. We look forward to become a familiar face in Abu Dhabi's business community."
In The Middle H.E. Sheikh Nahyan Bin Mubarak Al Nahyan, HH Sheikh Ahmed bin Humaid Al Nuaimi, HH Sheikh Rashid bin Humaid Al Nuaimi.
In The Middle H.E. Sheikh Nahyan Bin Mubarak Al Nahyan, HH Sheikh Ahmed bin Humaid Al Nuaimi, HH Sheikh Rashid bin Humaid Al Nuaimi.
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Notes and Media Contacts »

Ajman Bank:

Ajman Bank is a commercial bank that will provide a wide range of value-driven banking services in the UAE for individual, business and government clients, all in compliance with shariah principles. Ajman Bank seeks out the market's best products, people and technology in order to deliver what customers want, how they want it, delivering real value and recreating that human touch lost in modern banking.

Headquartered in Ajman and strongly supported by its government, Ajman Bank is the keystone of the emirate's economic development strategy and is in a position to benefit from its growth and potential like no other. Ajman Bank is committed to becoming a sustainable organisation in its truest sense, balancing care for the community and employees with the business of delivering value to its shareholders and customers.

For more information, please contact:

Wael Karbala
Wael

cohn&wolfe

Wael Karbala
cohn&wolfe
PR Manager
Tel: +971 4 3310331
API Tower, 8th Floor, Sheikh Zayed Road,
P.O. Box: 60416, Dubai, UAE

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