Abu Dhabi – Mubasher: Abu Dhabi Islamic Bank (ADIB) will launch the digital banking platform "ADIB Direct" in Iraq to meet the growing business demands.

Through a unified digital platform, ADIB Direct offers banking solutions and services for corporates, including cash management solutions, cashflow forecasting, and foreign exchange services, according to a press release on Wednesday.

ADIB Direct launched in 2019 in the UAE to provide companies with significant cost and time-saving efficiencies.

The Head of International Banking Group at ADIB, Abdullah Al Shehhi, said: "At ADIB, we believe we play an important role in supporting Iraq’s local economy by providing businesses the banking services they need to help them thrive and achieve their financial goals."

Al Shehhi added: "Through ADIB Direct, we enable companies to efficiently manage their cash payments, liquidity, trade finance, supply chain and foreign exchange needs so they have more time to focus on their business."