ArabianBusiness.com - Middle East Business News
Wednesday, 25 November 2009 13:21 UAE time

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ADCB makes moving to UAE easier with new Fast Track Starter Pack

Posted on
Wednesday, 25 June 2008


Industry Sector
Banking

Country
United Arab Emirates

Client(s)
Abu Dhabi Commercial Bank


Press Release Content


Abu Dhabi Commercial Bank announced today the recent launch of one of its innovative products “Fast Track Starter Pack”, providing a combination of comprehensive solutions to new expatriates to the UAE.


To help expatriates in the settling down process, the packaged offering comprises a number of value-added products and services including UAE information guide, merchant alliances and ADCB products offering.

The ADCB Fast Track Starter Pack covers multiple products and services; starting from providing UAE Guide on CD all the way through opening a Fast Track Account with a free Easy Pay debit/ATM card until offering Personal Loans, Mortgage Services, Credit Cards and Banc Assurance.

Customers also can enjoy ADCB Meethaq - Shari’ah compliant products & services as well as Excellency Wealth Management - services for high net worth individuals.

Arup Mukhopadhyay, Head-Retail Banking Group, ADCB, said, “For new expatriates, settling in the UAE can be a time consuming, disruptive process. With so many things to worry about, from opening a bank account to organizing somewhere to live, it can be several weeks before new expatriates are able to give their full attention to their jobs.”

“ADCB provides a one-stop-solution to make starting a new life in the UAE as quick, efficient and cost-effective as possible. Our Fast Track product is a unique service for expatriates in the UAE fulfilling urgent requirements of banking facilities characterized by easy application process and assuring peace of mind”. Mukhopadhyay concluded.



Notes and contacts

About ADCB

Abu Dhabi Commercial Bank – ADCB is a diversified full service bank. Other than banking services that span corporate, retail and commercial banking, ADCB is active in the areas of treasury risk management, infrastructure, private banking and wealth management.

Our approach is driven by an ability to create value for our customers by leveraging our skills and expertise. Amongst UAE banks, ADCB enjoys one of the largest deposit bases with total assets as at 31/3/2008 of AED 114 billion and net profit for the first quarter of 2008 of AED 517 million.

Our strong franchise, supported by a network of 43 branches in UAE including 2 pay offices and 2 Kiosks besides 2 full fledged branches in India is reflected in our recent rating of Aa3, which is the highest awarded to a bank in the Middle East.

The Government of Abu Dhabi, through Abu Dhabi Investment Council, holds 65% of the capital while the rest is held by various UAE Institutions and Nationals. ADCB’s market capitalization as of 31/03/2008 was AED 25.880 Billion (US$7Billion). For more information, please visit us on www.adcb.com.

Contact Details


Company
Abu Dhabi Commercial Bank

Telephone
971 02 6962143

Email




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