DIB continues expansion with two new Dubai branches

In line with its long-term retail banking expansion strategy, Dubai Islamic Bank (DIB) announced today the opening of two new branches, bringing the bank’s UAE-wide network to a total of 68 branches. 

The new branches, both in Dubai, are located in the Al Mamzar area and in Etihad Mall in Al Muhaisnah. 

“As the pioneer of Shariah compliant banking, Dubai Islamic Bank is leading from the front in the growing popularity of Islamic Banking,” said Dr. Adnan Chilwan, Deputy CEO – Chief of Consumer and Wholesale Banking, Dubai Islamic Bank. “The increase in our customer base which is now touching 1.2 Million is clearly reflective of this growing popularity and the success of our strategic vision for growth. The two new branches will support the growth plans of our business in 2011.” 

“Customer convenience lies at the heart of our domestic growth strategy,” said Rashid Mahboob, Head of Mass Market, Dubai Islamic Bank. “As we continue to expand our physical network, including branches and ATMs, we are also focusing on providing our customers a large suite of secure electronic banking solutions, ensuring that banking with Dubai Islamic Bank has never been easier."