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Thursday, March 27, 2014

DIB wins “Best Islamic Card” and “Best SME Card” at Banker Middle East Product Awards 2014

Organised by publisher CPI Financial, the annual awards ceremony celebrates the best regional banking products and services, and is widely respected by the banking industry. The winners of the awards are chosen by registered users of CPI Financial, which include a number of the region’s top financial services professionals. With thousands of votes cast each year, this ceremony is acknowledged as one of the most credible in the industry.
Commenting on the awards, Dr. Adnan Chilwan, CEO, Dubai Islamic Bank said: “With nearly four decades of experience and vintage, we at DIB, recognise the importance of consumer and SME business for the development and progression of the economy of UAE. The last few years have seen significant investment of both our intellectual as well as financial capital to this business leading to continuous innovation within our growing products and services suite enabling us to meet the constantly evolving needs of our customers. Consumer and SME together now form the largest business for the bank boasting one of the most expansive customer base in the country. While the recognition we have received clearly highlights the strength and well-entrenched nature of DIB’s retail franchise, it is also indicative of our commitment to actively promote and encourage entrepreneurship in the UAE. As we remain fully aligned and committed to the transformation that Dubai and the UAE will witness in the near future, both these segments will continue to form a key component of our growth agenda over the coming years.”
Speaking at the event, Raju Buddhiraju, Chief of Consumer Banking, Dubai Islamic Bank, said: “Winning the award for the “Best Islamic Card” for a second year in a row highlights the success of our strategy to deliver value-based banking products to our customers. The Al Islami Credit Card is inarguably the best value Card in the market and combines convenience with global acceptance. With the SME sector playing an increasingly critical role in the diversification of the UAE’s economy, we are also pleased to be recognised for the Best SME card and this is a testament to the investments we have made in creating the leading range of products for our business banking clients.”

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