Arab Today, arab today dubai islamic bank sme business solutions
Last Updated : GMT 11:13:00
Arab Today, arab today
Arab Today, arab today

Dubai Islamic Bank SME Business Solutions

Arab Today, arab today

Arab Today, arab today Dubai Islamic Bank SME Business Solutions

Dubai - Arabstoday

Dubai Islamic Bank (DIB) announced on Saturday the launch of SME Business Solutions, a Sharia-compliant suite of products and services specifically developed to support the growth of small and medium enterprises (SMEs), including through the provision of Business Finance up to Dhs1.5 million per customer. Launched on the eve of the 41st anniversary of the founding of the United Arab Emirates, the introduction of SME Business Solutions reflects the bank’s unique commitment to supporting the country’s economic development and diversification. “Small business is the growth engine of the UAE economy. In Dubai, for example, SMEs make up 95 per cent of all companies, employ 42 per cent of the workforce and contribute 40 per cent to the emirate’s GDP,” said Dr Adnan Chilwan, Deputy Chief Executive Officer of DIB. “Today, as we celebrate the founding of our nation,” he said, “we are proud to launch SME Business Solutions, which will help sustain our country’s growth for many years to come.” SME Business Solutions provides small business owners with a broad range of customised solutions, ranging from the establishment of business accounts and cash management tools to trade and treasury services, as well as business credit cards. In particular, the bank’s Business Finance solutions have been designed to meet the specific needs of SMEs, which, worldwide, frequently face challenges accessing finance. By providing high finance amounts and rapid approvals, Dubai Islamic Bank will help unlock the potential of the thousands of small and medium enterprises across the UAE. Working with dedicated Relationship Managers, SMEs will be able to access working capital finance, capital expenditure finance, and contracting and fleet finance - supported by flexible repayment options over periods up to 48 months. SME Business Solutions offers a range of additional products and services, such as online business services, foreign exchange, letters of credit and guarantee, and much more. Dubai Islamic Bank, established in 1975, is the first Islamic bank to have incorporated the principles of Islam in all its practices and is the largest Islamic bank in the UAE. DIB is a public joint stock company, and its shares are listed on the Dubai Financial Market. The bank enjoys a reputation as a leader and innovator in maintaining the quality, flexibility and accessibility of its products and services. The bank currently operates 75 branches in the UAE. DIB has been proactive in creating partnerships and alliances at both the local and international level. The bank has established DIB Pakistan Limited, a wholly owned subsidiary which has a network of 93 branches across 30 major cities in Pakistan. From Gulf Today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today dubai islamic bank sme business solutions Arab Today, arab today dubai islamic bank sme business solutions

 



Arab Today, arab today
Arab Today, arab today Mohamed Bahari prepares new collection for spring 2017

GMT 06:15 2017 Monday ,27 February

Mohamed Bahari prepares new collection for spring 2017
Arab Today, arab today As Olympics loom, China plunges into snow biz

GMT 10:08 2017 Tuesday ,28 February

As Olympics loom, China plunges into snow biz
Arab Today, arab today Sheds light on major steps in 12-year career

GMT 06:07 2017 Monday ,27 February

Sheds light on major steps in 12-year career
Arab Today, arab today UN envoy sets out framework

GMT 07:25 2017 Monday ,27 February

UN envoy sets out framework
Arab Today, arab today Kalam Nawaem made a difference in social issues

GMT 06:43 2017 Tuesday ,28 February

Kalam Nawaem made a difference in social issues
View News in Arabic - Business: مصارف
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Parliament considers solutions to overpopulation

GMT 20:27 2017 Monday ,27 February

Parliament considers solutions to overpopulation
Arab Today, arab today Penguins in the age of dinos

GMT 11:44 2017 Saturday ,25 February

Penguins in the age of dinos
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today 'Constructive' Vauxhall talk with union

GMT 08:54 2017 Saturday ,25 February

'Constructive' Vauxhall talk with union
Arab Today, arab today Tesla back into red but revenue grows

GMT 07:27 2017 Thursday ,23 February

Tesla back into red but revenue grows
Arab Today, arab today Aspires present the story of Egypt’s first president

GMT 06:18 2017 Sunday ,26 February

Aspires present the story of Egypt’s first president
Arab Today, arab today Ex-yoga missionary unleashes rage

GMT 12:16 2017 Thursday ,23 February

Ex-yoga missionary unleashes rage

GMT 06:42 2017 Saturday ,25 February

Reasons for the delay 'On the Stairs of Servants'

GMT 05:14 2017 Thursday ,23 February

UK appoints 1st Scotland Yard chief in 188 years

GMT 18:23 2017 Friday ,24 February

Fadi explains secrets of  Nancy Ajram's newlook

GMT 10:28 2017 Wednesday ,22 February

Milan laughs while Rome cries

GMT 19:45 2017 Monday ,20 February

Sarah Belamesh designs antiques of "ceramic"

GMT 10:51 2017 Saturday ,25 February

Pigs with edited genes show resistance

GMT 18:28 2017 Saturday ,25 February

Tourist guide explains types of tourism

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre

GMT 06:28 2017 Tuesday ,28 February

Dumbphones survive rise of the smartphone

GMT 22:42 2017 Thursday ,23 February

Nasima Gamei revives heritage in jewelries
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday