Abu Dhabi, September 27, 2016: Abu Dhabi Islamic Bank (ADIB), a leading financial institution, is exhibiting at this year’s SIBOS event in Geneva, Switzerland, to showcase its broad range of Shari’a compliant trade finance, cash management and treasury services and capabilities. It is also attending the event so as to build strategic relationships with global financial institutions and share with them its expertise as well as its views on opportunities in the Middle East banking industry.
SIBOS is one of the world’s largest financial services events, and is organised by SWIFT for the global financial industry. Each year, the event brings together over 8,000 business leaders, decision makers and topic experts from a range of financial institutions, multinational corporations and technology partners.
Haytham El Maayergi, Global Head of Transaction Banking at Abu Dhabi Islamic Bank (ADIB) commented, “The UAE has been and remains a focal point in the world that connects the emerging trade flows between Africa, Asia and the Western World. SIBOS is an excellent platform for strategic partnerships to be built with international banks, and our participation this year is another great opportunity to shape the future of the financial industry and showcase the UAE as an international trade and finance hub. We are looking to explore opportunities to work with the global technology providers participating in SIBOS to build the best in class Transaction Banking products.”
ADIB has presence in six strategic markets and is investing in its capabilities to offer its customers world-class transaction banking services.
About ADIB
ADIB is a leading bank in the UAE with more than AED 120 billion in assets. Its 931,352 customers benefit from the third largest distribution network in the UAE with 88 branches and more than 770 ATMs. The bank also offers world-class online, mobile and phone banking services, providing clients with seamless digital access to their accounts 24 hours a day. ADIB provides retail, corporate, business, private banking and wealth management solutions. The bank was established in 1997 and its shares are traded on the Abu Dhabi Securities Exchange (ADX).
In the UAE, the Bank has more than 2,300 employees and remains one of the leading banks in the recruitment, development and promotion of local talent in all the markets in which it operates. The bank has one of the highest Emiratisation ratios with more than 43 percent of the bank’s workforce being UAE Nationals.
ADIB has presence in six strategic markets: Egypt, where it has 70 branches, the Kingdom of Saudi Arabia, the United Kingdom, Sudan, Iraq and Qatar.
Named “Best Bank in the UAE” by The Financial Times’ The Banker publication, ADIB has a rich track record of innovation, including introducing the award-winning Ghina savings account, award-winning co-branded cards with Etihad and Etisalat and a wide range of financing products.
