ADCB launches Banking on Education Website

Abu Dhabi Commercial Bank “ADCB”, recently launched its new ‘Banking on Education’ website in line with its ongoing initiative ‘Banking on Education’. The new website offers visitors access to information oneducation opportunities in the UAE and overseas as well as information on the range of financial solutions offered by the bank for financing education.
The Banking on Education website is the first of its kind offered by a UAE bank, andwill cater to all sections of society including parents andstudents both young and old. The multi-faceted, easy to navigate website provides detailed information on college courses available in the UAE and overseas as well as explaining the financing options on offer from ADCB.
Through the interactive forum career counselors are also on hand to answer any questions that visitors may have in relation to their next career move and how further education can help them achieve their long term goals and ambition.
Commenting on the new service, SundarParthasarathyHead - Consumer Assets, said; “At ADCB we have a deep understanding of our customers’ needs and ambitious goals, and we are committed to supporting them on their journey as their financial partners. We urge allcustomers to plan for their children’s educational needs from an early stage. We can safely say that an investment in education will deliver long term returns for years to come.”
He added: “ADCB is committed to supporting the government’s view that a highly educated population will support the future sustainability and growth of the UAE economy. In line with this vision, we created the ‘Banking on Education’ website, a real-time solution offering parents and prospective students the necessary information they need to make a decision regarding the best education opportunities available to them. The website also provides details on the suite of services we have developed to support our customers’ ambitious plans for their children and their future careers.”
Background Information
Abu Dhabi Commercial Bank
ADCB was formed in 1985 and today after integration employs over 3,350 people from over 45 nationalities, serving approximately 590,000 retail customers and over 20,000 wholesale clients. It is the third largest bank in the UAE and second largest in Abu Dhabi by assets, at AED 163.7 billion as at March 31st, 2010.
ADCB is a full-service commercial bank which offers a wide range of products and services such as retail banking, wealth management, private banking, corporate banking, commercial banking, cash management, investment banking, corporate finance, foreign exchange, interest rate, currency, derivative, Islamic products, project finance and property management services.
ADCB is owned 64.8% by the Abu Dhabi Government through the Abu Dhabi Investment Council. Its shares are traded on the Abu Dhabi Securities Market.
ADCB has won the Silver class category of The Sheikh Khalifa Excellence Award (SKEA) for the finance sector in November, 2009. In February 2010, ADCB won The World Finance Corporate Governance Award for “Best Corporate Governance in the UAE” and was recently named “Best Retail Bank in the UAE and GCC 2010” by The Asian Banker magazine in March 2010.