Dubai Islamic Bank (DIB) announced today the opening of two new branches in Dubai, increasing its total UAE-wide branch network to 41.The newest branches are located on Oud Metha Road in Oud Metha, Dubai, and an exclusive ladies branch 'Johara', in Abu Hail, Dubai Mohammad Al Ameery, Senior Vice President and Deputy Head of Retail and Business Banking Services, DIB, said: 'We are delighted to announce the opening of DIB's new branches, which comes in line with our strategy to enhance distribution channels across the country and meet the ever-increasing customer demand for quality Islamic banking products and services.' He continued: 'The opening of these two branches reflects DIB's proud tradition of providing world-class services to our valued customers across the UAE and the wider region. DIB is planning to launch 11 more branches this year, which will take our total network to 52 branches across the UAE by the end of 2007. The new branches will offer a wide range of services, including current, savings and investment deposit accounts, Murabaha, trade finance and many other products.' Source
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