• HSBC

Dubai Islamic Bank launches new Self-Service Banking Facility

  • United Arab Emirates: Wednesday, July 23 - 2003 at 09:46
  • PRESS RELEASE

Dubai Islamic Bank (DIB) has opened a 24-hour full-service automated banking section at its Bur Dubai branch bringing its retail customers a superior level of banking flexibility.

The fully automated self-service facility allows customers to access a full range of banking services 24 hours a day, seven days a week. DIB plans to open seven more walk-in facilities across the UAE, building on the success of the bank's first fully automated branch opened on Sheikh Zayed Road in Dubai.

"This latest facility forms an integral part of our strategy to create maximum convenience and flexibility for our customers by leveraging technology," said Butti Khalifah bin Darwish, DIB's Chief Executive Officer. "Through this fully automated service, we ensure that our clients have round the clock access to their accounts and a comprehensive service offering from the bank."

The facility includes automated teller machines (ATMs), instant cash and cheque deposit, Al-Islami Online Internet and Al-Islami Al-Mubasher telephone banking. Customers can transact instant cash or cheque deposits with or without their ATM cards. Through the Internet kiosk, they can also access DIB's website and sign up for online services using the bank's Al-Islami Online service.

"This facility reflects the kind of service quality that we plan to introduce throughout our operations. Through building a sound technology base that supports all of our branch network, we aim to bring tangible benefits to our customers in terms of cost and time savings," said Saad Abdul Razaq, Executive Vice President, Retail and Corporate Banking. "This is critical in today's market where busy schedules and the pace of life mean that customers need real-time banking solutions."

The self-service facility was designed by Smart Engineering Solutions, sole agent for German-based Selecta Company in UAE and the Middle East. This is Selecta's first project in the UAE and the bank is seeking to contract the company to design a number of similar facilities in the rest of the Emirates.
From Right: Abdullah Ali Al Hamli, Executive Vice President, Business Service, Dubai Islamic Bank, Buti Khalifah bin Darwish, CEO, DIB, Saad Abdul Razaq, Executive Vice President, Retail and Corporate Banking, DIB and Mohammad Sharif, Executive Vice President, Finance and Administration, DIB. 
From Right: Abdullah Ali Al Hamli, Executive Vice President, Business Service, Dubai Islamic Bank, Buti Khalifah bin Darwish, CEO, DIB, Saad Abdul Razaq, Executive Vice President, Retail and Corporate Banking, DIB and Mohammad Sharif, Executive Vice President, Finance and Administration, DIB.
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Notes and Media Contacts »

For further information, please contact:
Fakher Daghestani/Clare Woodcraft
ASDA'A Public Relations,
Burson-Marsteller exclusive affiliate in the Middle East
Dubai, UAE
Tel: +971-4-3344550
Fax: +971-4-3344556

Notes:
Established in 1975, Dubai Islamic Bank was the first Islamic bank to implement the principles of Islam in its daily activities. It was founded with the active assistance of the UAE Government, the Central Bank and people of the UAE.

The economic and business philosophy of Islam encourages the generation and distribution of profits. However, it forbids the giving or taking of interest. Dubai Islamic Bank is the first Islamic bank in the world practically to implement this concept. Leveraging the strengths of Islamic business and economic concepts, and state-of-the-art banking technology, DIB creates partnerships with its customers to generate profits, which are then distributed to them. DIB has created an array of Islamic banking and finance products to meet the needs of its customers.

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