DIB named UAE’s Strongest Islamic Retail Bank at Islamic Retail Banking Awards 2016

Press release
Published December 5th, 2016 - 06:01 GMT

Sanjay Malhotra, Chief of Consumer Banking at DIB, receiving the award during the ceremony
Sanjay Malhotra, Chief of Consumer Banking at DIB, receiving the award during the ceremony

Dubai Islamic Bank, the UAE’s largest shariah compliant bank, was named the ‘Strongest Islamic Retail Bank’ in the UAE at the recently held Islamic Retail Banking Awards (IRBA).

Organized by Cambridge IF Analytica, the 2nd Islamic Retail Banking Awards (IRBA) were held as part of the 8th Edition of the World Islamic Retail Banking Conference (WIRBC) in Dubai and commemorated the success and the contribution of  banks and financial institutions to the industry’s consumer banking and finance sector over the past year.

Sanjay Malhotra, Chief of Consumer Banking at DIB said: “We are honored to be named as the ‘Strongest Retail Bank’ in the UAE. Today, DIB has one of the largest consumer bases in the country with over 1.7 million customers and 90 branches across the nation. A key driver of this growth has been the Bank’s customer centric approach that is embodied in our ‘Customer First’ program. We believe in combining our local heritage, tradition and inherent expertise with personal service and innovation to provide customers with multi-faceted solutions tailored to meet their financial needs.”

DIB is a pioneer in the field of Islamic banking and finance, and is committed to the progression and penetration of Islamic Banking and Finance in the UAE and beyond.

DIB’s principal activities are focused on retail and business banking, corporate banking, real estate and contracting finance, investment banking and treasury. Currently present in seven markets worldwide, DIB is well-placed to continue its global expansion and maintain its leadership in transforming the Islamic finance industry. 

Background Information

Dubai Islamic Bank

Since its formation in 1975 as the world’s first full-service Islamic bank, Dubai Islamic Bank has established itself as the undisputed leader in its field, setting the standards for others to follow as the trend towards Islamic banking gathers momentum in the Arab world and internationally.

Check out our PR service


Signal PressWire is the world’s largest independent Middle East PR distribution service.

Subscribe

Sign up to our newsletter for exclusive updates and enhanced content