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Saturday, December 5 - 2009

Dubai Bank embarks on ambitious expansion program

  • United Arab Emirates: Tuesday, June 27 - 2006 at 13:10
  • PRESS RELEASE

Mohamed Al Shaibani, Chairman of Dubai Bank, has unveiled ambitious expansion plans that will see the intermediary gain new branches across the UAE and remarkably increase in the capital.

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  • Mr. Abdul Aziz Al Muhairi, Dubai Bank CEO.
    Mr. Abdul Aziz Al Muhairi, Dubai Bank CEO.
Speaking at a special event for Dubai Bank staff members, Mr. Al Shaibani said: "We are always willing to take the lead ahead of all UAE banks in the goal of achieving our vision. We have the means, qualifications and ability to do this and anticipate that the coming months will continue with the level of success we have seen so far".

Dubai Bank's announcement of its aggressive plans for expansion and overhaul of its services comes shortly after it gained Mr. Abdul Aziz Al Muhairi as new CEO. Shaibani believes that the success the bank has experienced so far is simply a reflection of the UAE's overall positive and buoyant business environment. "The success of Dubai is something that is already there and known." said Al Shaibani. "God-willing, for Dubai Bank to emulate just a fraction of that achievement, our services, products, deals and other activities will soon put our organization at the forefront of the world's leading banking standards. The challenge now is for our establishment to remain the most unique, creative and special in the services, products and activities we provide. By maintaining this current momentum we can guarantee and fortify our position as the region's leading bank."
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