back Back

ADIB-Egypt launches Shariah-compliant private banking for HNW clients

By Gloria Methri

January 02, 2024

  • ADIB Egypt
  • Digital Wealth Management Services
  • Egypt
Share

ADIB-Egypt, Abu Dhabi Islamic Bank - Egypt, Shariah-compliant private banking, wealth management, FinTech, Egypt

Abu Dhabi Islamic Bank or ADIB-Egypt has launched its exclusive portfolio of Private Banking Services, providing a Shariah-compliant banking proposition for its high-net-worth clients. This personalized proposition is designed to offer a premium range of wealth management services catering to clients with account balances starting from EGP 20 million upwards, or the equivalent in other currencies.

Customized to optimize the specific financial and lifestyle goals of clients with a determined value of assets and resources, ADIB-Egypt’s Private Banking proposition delivers an exclusive experience via a holistic platform of wealth management services.

This includes the eligibility for unsecured financing of up to EGP 10 million and receiving premium covered cards (Cashback) with a limit of up to EGP 1 million. ADIB-Egypt’s Private Banking platform also provides exclusive access to Financial Advisory services led by specialized experts, to help clients achieve the full potential that their wealth can create.

In addition to the wide range of services offered within Egypt, ADIB is also introducing a new service granting clients exclusive access to premier banking products and services in the United Arab Emirates. This strategic expansion offers clients an exclusive gateway to harness the potential of one of the region’s most vibrant financial hubs while diversifying their investments and asset base.

Mohamed Aly, ADIB-Egypt Managing Director and CEO, said “The launch of our Private Banking services portfolio represents a strategic step forward as we bring to the market an extraordinary client service model for a very specific segment. Our premier Shariah-compliant services are designed to set the benchmark for high-net-worth management in a constantly evolving landscape.”

Amr Sanad, ADIB-Egypt’s Head of Consumer Banking, added, “ADIB-Egypt’s Private Banking team is determined to redefine wealth management standards. By understanding our client’s goals and aspirations, we leverage our expertise and vast network to offer strategic solutions to complex financial questions, ultimately helping them safeguard and sustainably grow their financial assets.”

ADIB-Egypt’s private banking clients will also enjoy a region-wide concierge service providing immediate, exclusive, and personalized support for a wide array of day-to-day needs, such as travel arrangements and high-end leisure reservations.

Clients can also visit any of ADIB’s 20 VIP service lounges across its branch network, which have been specifically refurbished to offer a seamless experience in a sleek space defining the epitome of banking in luxury. As a gesture of appreciation of trust, subscribers to ADIB-Egypt’s Private banking services will receive bespoke gifts made in Egypt by some of the country’s high-end brands.

Previous Article

January 02, 2024

MessagePay integrates with Fiserv for Credit Union SMS Payments

Read More
Next Article

January 02, 2024

7 Major Credit Card launches in December 2023 in APAC

Read More






IBSi Daily News Analysis

cloud,

July 19, 2024

ADIB Egypt

SMEs leverage cloud to gain competitive edge, study shows

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

Today

Airwallex obtains AFSL for expansion into retail investment offering

Read More

Today

MyZoi launches inclusive digital wallet for the underbanked

Read More

July 18, 2024

Capital on Tap renews partnership with GDS Link

Read More

Related Reports

Sales League Table Report 2024
Know More
Global Digital Banking Vendor & Landscape Report Q2 2024
Know More
NextGen WealthTech: The Trends To Shape The Future Q4 2023
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q1 2024
Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
close-link
Get your copy now! IBSi Sales League Table 2024