ADIB posts a net profit of over $415 million

ADIB posts a net profit of over $415 millionThe Abu Dhabi Islamic Bank (ADIB), a leading bank in Emirates, has announced its financial figures for the year 2009 reporting an operation profit of 1,527 million UAE dirhams amid economic uncertainties due to global financial crisis. The bank reported 25.1 per cent rise in its total assets that stood at 64.1 billion dirhams.

ADIB launches UAEs first 24X7 branch

Abu Dhabi Islamic Bank - has introduced 24-hour services at its Abu Dhabi International Airport branch after getting necessary approvals from the UAE Ministry of Interior and the central bank of the country.

Terming the move as a need of the hour, Sameh Al-Awadallah, Head of Branches at ADIB informed, “This 24X7 banking initiative is an innovation worthy of being listed in the milestones of banking in the UAE.”