First Abu Dhabi Bank Misr (FABMISR) has inaugurated a new Islamic branch in the Fifth Settlement, New Cairo, underscoring the bank’s unwavering commitment to offering its customers a unique and holistic banking experience.
The new branch offers a wide range of Shariah-compliant financial products and services, including saving accounts, financing solutions, and wealth management.
Through its personalised approach, the branch ensures that every product and service aligns with Shariah while catering to the customer’s diverse financial needs and preferences.
“The launch of our new Islamic branch is a significant milestone in our journey to expand our Islamic banking services and products across Egypt. We believe that Islamic banking is a key pillar of our growth strategy, as it offers a valuable alternative to traditional banking for our customers who seek to adhere to their religious beliefs,” said Mohamed Fayed, CEO, and Managing Director of FABMISR.
FABMISR said its new branch is designed to meet customers’ various needs, providing them with a comprehensive banking experience. The bank seeks to provide innovative and Shariah-compliant solutions that maximise the benefits for all customers while fostering long-term relationships.
FABMISR, a unit of UAE’s First Abu Dhabi Bank (FAB), has a network of 64 branches, where it provides banking products and services that cater to all customer segments. FAB rebranded its Egyptian business to FABMISR following the completion of its merger with Bank Audi Egypt in June.
The bank offers a personalised banking experience to meet the various expectations of its customers from large organisations, SMEs and consumers whilst utilising its global experience to support stakeholders, entrepreneurs and the local economy.
