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.