By: Amr Adel

Dubai-Mubasher: Dubai Islamic Bank (DIB) is expected to open a new branch in Kenya before the end of this year, said DIB Chief Executive Adnan Chilwan.

On the sidelines of the Africa Global Business Forum in Dubai, he added that this step came as a part of the bank’s expansion plan in Pakistan, Indonesia, Jordan, Bosnia and Herzegovina.

He noted that DIB has no plans to do any other expansions in Africa in the current period.

Translated by: Julian Nabil