ADIB plans dig­i­ti­za­tion

Banking Frontiers - - Banking In The Gulf -

Abu Dhabi Is­lamic Bank, the largest Shari­a­com­pli­ant bank in the UAE, is propos­ing to pro­vide sig­nif­i­cant fi­nan­cial re­sources on dig­i­tal tech­nol­ogy. The bank, which has one of the high­est pro­por­tion of lo­cal cus­tomers among UAE banks, does not wish to cut down on staff or branch net­work as some other banks are do­ing by adopt­ing dig­i­tal, but it in­tends to con­tinue with hu­man in­ter­ac­tion with cus­tomers. The bank will part­ner with fin­techs and at the same open more across the coun­try. An of­fi­cial of the bank said the bank con­sid­ers hu­man touch to be very im­por­tant and would opt for a hy­brid model - dig­i­tal with a hu­man touch.

Newspapers in English

Newspapers from India

© PressReader. All rights reserved.