Abu Dhabi Islamic Bank opens Ras Al Khaimah branch

4 December 2008

04:15

Datamonitor News and Comment

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Abu Dhabi Islamic Bank has opened a new branch in Ras Al Khaimah, which is the 45th location of the bank in the United Arab Emirates.

The new branch will provide Shari'a-compliant products and Islamic finance solutions in the region.

Ali AlShaqoosh, head of branches at Abu Dhabi Islamic Bank (ADIB), said: "We are planning to open new branches and install new ATMs in Dubai and Northern Emirates to rapidly expand our branch network within the coming year. The new branch, along with the existing one in Ras Al Khaimah, will service the residents of the emirate and neighboring suburbs too."