Emirates Islamic, one of the leading Islamic financial institutions in the UAE and the preferred bank of UAE nationals, has launched an Emarati corporate account, designed specifically to meet the needs of UAE domestic businesses
The new account builds on the bank’s continued commitment to supporting the UAE SME sector, which represent 94% of the total companies and institutions operating in the country and contribute more than 50% to the country’s GDP. the SME sector is a key contributor to the national economy and helps boost the UAE’s global competitiveness while helping to increase non-oil GDP and advance economic diversification. As a local bank, Islamic Emirates has always supported entrepreneurship and championed the growth of local businesses in the UAE.
the Emarati Business Account can be opened easily within 24 hours, giving entrepreneurs seamless access to a full range of financial products and services. Our newly launched value proposition offers a host of benefits including the Business Debit Card – with access to over 30 million merchants worldwide, a dedicated relationship manager to support banking needs, access to businessONLINE – offering 24-hour digital banking convenience and a dedicated Business Banking Call Center service. Emarati business owners can choose from a range of trading packages to suit their specific needs, including platinum, gold, premium, digital and e-Trader account – each with their own unique features and benefits.
Commenting on the launch, Farid Al Mulla, Head of Retail Banking and Wealth Management at Emirates Islamic, said: “As a leading Islamic bank in the region, we recognize the crucial role the Emarati business community plays in the economic growth of the UAE and are committed to meeting their needs. We understand the unique requirements of this business segment, and through our new Emarati Corporate Account, we want to empower our national UAE customers and help them through every step of their business journey.
“Our offering has evolved to meet the ever-changing needs of running a business. We aim to continue working to introduce transparent and innovative solutions that help foster a business environment conducive to the needs of UAE nationals,” he concluded.