ABU DHABI, 18 April 2016: Abu Dhabi Islamic Bank (ADIB), a leading financial institution, has been recognised by the Banker Middle East for having the 'Best SME Internet Banking Service', and 'Best SME Exchange Service'.

ADIB's Business Internet Banking platform provides a range of essential services specifically tailored for small to medium sized businesses for more convenient and secure banking. Features include the ability to make unlimited wire transfers to any account in the world free of charge with no limit on the transferred amount, and the functionality to pay bills and covered card payments, among many other services.

Responding to the award, Tirad Al Mahmoud, CEO of ADIB, said: 'We have made some great strides in developing our offering to SME customers over the past few years, with new enrollments for ADIB's Business Internet Banking service growing 106% year on year. ADIB recognises the importance of SMEs to the local economy and we have a pipeline of initiatives in place to further enable business owners to reach their full potential. We are also heavily investing in our internet banking platform to deliver the best banking experience to our customers. This award shows that our clients have made the right decision in choosing to bank with ADIB.'

ADIB Business provide its customers with a dedicated and expert relationship managers who understand business customers' needs and requirements, to help them share their knowledge and expertise, and guide them on best practice in the area of money exchange and international trading.

Mahdi Kilani, Head of Business Banking at ADIB added: 'SMEs play a crucial role in the UAE's economic growth, and we have built our Business Banking strategy around them to provide them with the support they need. We believe that SME businesses will remain the engine of growth for the UAE economy, but they can only succeed if their banking partners have a clear understanding of their needs and are responsive to them. ADIB ticks all the boxes in this respect.'

The annual Banker Middle East Awards are designed to recognise banking and financial products and services that are either exceptionally innovative or have seen excellent financial performance which has supported their market share.

ADIB's latest award follows a number of others, namely 'Best Private Bank in the Middle East for Islamic finance' by Private Banker International magazine, 'Best Private Bank in the UAE for 2015' by Global Finance Magazine, and 'Best Islamic Bank in the UAE' award from EMEA Finance Magazine for the fifth year in a row.​

Abu Dhabi Islamic Bank PJSC issued this content on 18 April 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 18 April 2016 10:26:05 UTC

Original Document: http://www.adib.ae/en/Pages/News_Details.aspx?id=57