Dubai Islamic Bank Offers Auto Finance At Profit Rates Starting From 4.50 Per Cent

Dubai Islamic Bank (DIB), the largest Islamic bank in the UAE, announced that it is offering auto finance at profit rates starting from just 4.50 per cent p.a. Al Islami Auto Finance is available for up to 72 months, with a minimum monthly salary requirement of AED 3,000. No down payment or salary transfer is required to avail of this offer, which covers both new and pre-owned vehicles.

This attractive financing demonstrates the bank’s generally positive outlook as well as its strong liquidity position, and is in line with its expansion plans announced earlier this year. By the end of this year, DIB will open 10 new branches, expanding its nationwide network to 64 branches, further strengthening its presence across the UAE, while also offering an overall enhanced customer experience.

“As the provider of auto finance for one in every three cars financed in the UAE, Al Islami Auto Finance has long been the leading solution of choice for consumers here,” said Dr. Adnan Chilwan, Chief of Retail and Business Banking, DIB. “In today’s highly competitive market, the bank has recognised the need for flexible auto finance options – which is why we are very pleased to announce this extremely attractive offer that provides a host of valuable benefits.”

DIB has the country’s largest team of qualified auto finance professionals, many of whom are available directly at dealer locations. The bank offers an unmatched range of Sharia-compliant auto financing solutions – along with value-added services such as insurance finance and service contract finance – at extremely competitive profit rates, catering to a broad cross-section of the UAE population.

Dubai Bank Strengthens Customer Relationships With Monthly Customer Consultant Awards

Dubai Bank today announced the winner of its Customer Consultant Award for May, 2009. Mr. Abdulla Al Falasi became the first UAE national to win the award. His feedback led to the improvement of the banks operational systems, ensuring an enhanced customer experience.

Salaam Al Shaksy, CEO of Dubai Bank presented the Customer Consultant Award May 2009 to Mr. Falasi.

Introduced earlier this year, the Customer Consultant Award provides a way for the bank to reward its customers. All customers providing feedback are eligible for the award, which is presented to the individual whose input contributes to enhancing the bank’s service standards or business processes.

“The value of direct feedback from our customers cannot be underestimated. We have always followed a customer-centric approach, and the ‘Customer Consultant Award’ initiative has integrated it further into our overall growth strategy,” said Mr. Mohammad Amiri, Head of Retail Banking, Dubai Bank. “As the Islamic banking industry becomes more competitive, there is a growing need to innovate and enhance our existing operations”, he added.

The winner of the award, Mr. Abdulla Al Falasi, said: “Receiving customer feedback is one thing and actually putting it into practice is another. It is great to see that Dubai Bank does both. I have been banking with Dubai Bank since 2004, and programs like the Customer Consultant Awards show that the bank truly cares.”

Etisalat Activates 10,000 Blackberry Subscribers In April

Etisalat has seen an enthusiastic response from its customers with more than 10,000 customers signing up for the BlackBerry service in the month of April. With a wide choice of seven handsets and three convenient packages to choose from, customers can now stay connected while on the go through the fastest and most reliable mobile broadband network in the UAE.Etisalat customers are also benefiting from a free promotion for the BlackBerry Domestic Unlimited package which started on April 7,2009 and ends on May 7,2009. The promotion which offers 3 months free subscription to the BlackBerry Domestic Unlimited package gives customers unlimited access to Internet, email and mobile applications such as Facebook, MSN, MySpace and much more.April also saw the launch of the much acclaimed BlackBerry Storm 9500 smartphone in the UAE. Etisalat which is the first operator in the Gulf to bring the much awaited BlackBerry Storm smartphone to the UAE has developed an attractive installment plan whereby customers can purchase the BlackBerry Storm at an installment of just AED 72 per month.“What we are seeing in terms of customer response is a reflection of Etisalat’s success in creating a strong value proposition with attractive packages and a choice of handsets on offer for both consumer and business users,” said Abdulla Hashim, VP, Business Solutions, Etisalat. “Our ability to deliver a great customer experience through Etisalat’s.

3.5G mobile broadband service with coverage of up to 99% of the populated areas in the UAE has also been a strong selling point with our customers.”BlackBerry customers can also use the applications portal from Etisalat to expand their productivity with access to a wide variety of applications from navigation to document management applications. Users can visit the portal at “bb.etisalat.ae” through their BlackBerry browser to download and use these applications.