Dubai Bank expands network with new branch at Al Twar

• Expansion in line with ongoing focus on specialised banking solutions for government-related entities
• New branch visited by Dubai Municipality Director General Eng. Hussein Nasser Lootah
• Bank’s UAE network reaches 24 branches; fourth branch situated in government premises
Dubai Bank today announced the opening of a new branch at Al Twar, located within the Dubai Municipality premises, to give residents of the area access to the best in Shari’a-compliant banking services. The branch expansion is in line with the bank’s ongoing focus on developing exclusive and specialised solutions for government-related entities.
Al Twar becomes the fourth branch of Dubai Bank to be situated within Dubai government premises. Previously, the bank had three branches located in the three centres of Department of Economic Development, providing dedicated banking and payment infrastructure to the department and its customers.
Eng. Hussein Nasser Lootah, Director General of Dubai Municipality, visited Dubai Bank to get a general overview of the bank’s business operations, and held discussions with the bank’s staff to gain an in-depth understanding of its services and product offerings. Accompanying Mr. Lootah were: Mr. Tariq Al Farsi, Head of Branches; Mr. Zahir Khurshid, Acting Head of Retail; Mr. Fuad Alhadi, Head of Business Development and Government Relationship; Mr. Masoud Al Ansari, Zone Manager from Dubai bank.
The opening of the latest branch expands the bank’s UAE network to 24 branches with Dubai being served by 13 branches.
“Concurrent with its policy of providing customers with convenient and local access to banking, Dubai Bank has progressively expanded its network within the UAE,” said Tariq Al Farsi, Head of Branches, Dubai Bank. “The latest branch not only provides state-of-the-art Shari’a-compliant banking solutions to local residents and businesses, it also enables us to continue our focus on developing specialised banking services related to government entities. Continuing this focus, Dubai Bank will open two new branches at Jumeirah and Mirdiff, respectively, later this year.  Through these branches, we continue our pursuit of enriching the banking experience for our customers with a prudent Islamic banking approach.
Al Farsi added: “With the new branch opening in Al Twar, customers who live and work around the area will find a convenient location to conduct all their banking operations under one roof. Additionally, we have partnered with Dubai Municipality to establish an efficient fee collection system, including the provision of over-the-counter payment facility for certain Municipality-related services.
“Given the increasing demand for innovative and cutting-edge Shari’a-compliant banking solutions from our rapidly growing customer base, we will look forward to add more branches in strategic locations to deliver even more personalized level of service at all our touch points.”