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Dubai Islamic Bank Launches Unique Emirati Family Banking Services
(14 December 2015)

 

Dubai Islamic Bank, DIB, the largest Islamic bank in the UAE, has announced the launch of a new range of Emirati Family Banking services. Designed to allow individuals to bring multiple family members under a joint plan, the package has been created to make it more beneficial and convenient for families to carry out their banking needs.

The Emirati Family Banking service is available to both new and existing customers. One of the primary benefits is that the accounts of all members will be upgraded to the same level as that of the highest designated account holder in the family. As a result, all account holders of that family may enjoy a whole range of new privileges and benefits by qualifying for an upgraded account.

Commenting on the new service, Mohammed Al Nahdi, Deputy Chief Executive Officer at DIB, said, "There is a real need for this solution that is unmatched by the market in order to allow Emirati families to bank together. Also, DIB recognises the substantial contribution that these families make in terms of building a prosperous economic environment that spurs further growth.

As such, the bank is determined to have them rewarded for their banking experience with DIB through a host of unique benefits. Moving forward, we will continue to extend our financial counsel and support to allow
Emirati customers to enjoy our high level of product and service excellence."

Sanjay Malhotra, Chief of Consumer Banking at DIB, said, "As one of the most innovative banks in the market today, we are constantly looking for ways to deliver significant value for our customers. One of the areas where we have seen growing demand is for a multi-faceted service offering that allows families to bank together as a combined relationship. With this in mind, we believe that we have created a
relationship-based solution that not only meets, but exceeds, customers expectations by delivering a range of unique privileges for them."

Offering a diverse range of consumer banking services, DIB has one of the largest retail bases in the UAE with over 1.5 million customers and 90 branches across the country. Indicative of the success of its
offering, it has won accolades for "Strongest Islamic Retail Bank in the GCC" at the Islamic Retail Banking Awards 2015, in addition to the "Best Islamic Retail Bank" at the Banker Middle East Industry Awards 2015.
 

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