Abu Dhabi, July 09, 2019: Abu Dhabi Islamic Bank (ADIB), a leading financial institution, has launched "ADIB Direct", a new intuitive digital banking platform for businesses that integrates a suite of banking solutions into a single, streamlined interface.
Aimed at businesses of all sizes, ADIB Direct automates many services delivering significant cost and time efficiencies. Companies benefit from one central view of ADIB's wide range of new banking features, and improved functionality to manage their finances locally and internationally. These features include customisable dashboards, a working capital view, cashflow forecasting, and trade finance management, which are accessible across all devices including a mobile app.
ADIB Direct is also introducing ADIB Office Banking which provides a number of remote access solutions, such as cheque printing, cheque scanning, alongside other services, all of which allow ADIB customers to enjoy fast and secured 24/7 banking experience without leaving their office. The new integrated platform is also offering payment solutions, liquidity and account services, and collection solutions.
Commenting on the launch, Haytham Elmaayergi, Global Head of Transaction Banking at ADIB, said: "Companies require efficiency from all their partners, and their banking relationships are no different. ADIB Direct responds to this demand for convenient and cost-effective access to banking services. Our flagship digital platform allows businesses of all sizes to efficiently manage their cash, liquidity, trade finance, supply chain and foreign exchange needs. With a wide range of unrivalled financial and digital solutions, we are helping our clients across the region to achieve their efficiency, liquidity and risk mitigation objectives."
ADIB is currently implementing a digital transformation strategy to boost the bank's productivity and enhance the customer experience. An initial phase in the bank's digital development programme was the launch of ADIB Express, a new generation of technology-enabled branch balancing automation with a highly personalised experience. The bank also recently launched a new "Express Finance" service, through its mobile app providing qualifying customers with instant access to personal finance.
ADIB has seen rapid growth in the use of digital channels by its customers with over 2 million mobile transactions now initiated via the ADIB mobile banking app every month.
ADIB has received numerous awards for its digital and trade financing offerings in recent months including 'Best Islamic Financier' at the International Trade Finance Awards 2019 and 'Best Islamic Digital Bank' by Global Finance. The bank was also named 'World's Best Islamic Bank' by the FT's The Banker Magazine.