Abu Dhabi Islamic Bank (ADIB)

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15-01-2019

2018: A record year for ADIB-Egypt ADIB-Egypt wins 8 global banking awards in 2018

• ADIB-Egypt CEO: Awards validate our pioneering efforts in Egypt and the region to offer the latest sharia’a compliant products
• Awards come as a result of ADIB-Egypt’s strong financial and operational performance
During 2018, ADIB-Egypt was recognized with several international awards for its outstanding performance and results in multiple areas of business.
Global Finance Magazine recognized ADIB-Egypt as the ‘Best Islamic Financial Institution in Egypt’ for 2018. Throughout the year, the bank received six other awards from leading international institutions, including Banker Africa and Islamic Business and Finance magazines – part of the CPI Financial Group - for its distinguished performance and stellar financial results.
ADIB-Egypt received four awards from Banker Africa; Best Islamic Bank in North Africa, Best Retail Islamic Bank in North Africa, Best SMEs Bank in North Africa and Best SMEs Bank in Egypt. It also won Best Retail Islamic Bank and Best Islamic SMEs Bank awards from Islamic Business and Finance Magazine and the Best Islamic Bank in Egypt 2018 award from Islamic Finance News (IFN). The awards were handed out based on a lengthy jury vote.
Mohamed Aly, CEO and MD of ADIB-Egypt, said of the recognition, “These awards are an opportunity for the bank to underscore its remarkable, continuing progress and innovation, which have enabled it to strengthen its leadership position in Egypt and North Africa. These awards are a result of the relentless efforts of the bank's teams, whose dedication led to strong financial results, reflecting their excellence.”
"If anything, this recognition will further drive us to continue to provide and develop our sharia’a compliant products and services lineup in order to better serve the corporate, retail, and SME sectors. It also motivates us to enhance our online banking services for retail and corporate customers, as part of our continuous process of raising the level of all our services for our valued customers.”
Over the years, ADIB-Egypt has become a key player in the Islamic banking industry locally and regionally. The bank has developed and built a robust track record in the banking industry, earning international acclaim and a growing number of global awards in the process.