Khaleej Times

FGB, UAE Exchange to provide innovative cash service

- Staff Report

abu dhabi — In line with its efforts to provide its customers with unique banking products, FGB, one of the leading banks in the UAE, is launching a new service; a convenient cash solution. As part of its ongoing practice of actively listening to community needs and addressing financial challenges that are being faced by residents and expatriate­s alike, FGB partnered with UAE Exchange to launch an innovative, efficient solution for customers.

The new service, Advance, offers customers residing in the UAE an easy and convenient financial solution to meet immediate short-term cash needs at any time. As part of the agreement signed by both parties, customers will benefit from this new service provided by FGB using the extensive branch network of UAE Exchange across the UAE.

Girish Advani, head of Personal Banking at FGB, said: “FGB is always looking for new solutions to provide UAE residents with creative services and products that meet their expectatio­ns and financial needs. Based on the feedback we have been receiving from clients, and from what we are hearing from residents, we felt that there was a real need for a service that would provide individual­s with access to cash in a quick and immediate manner. We partnered with leading entity, UAE Exchange, and together we have come up with our new Advance service as a result.”

Promoth Manghat, CEO, UAE Exchange, added: “It is a delight to partner with an esteemed organisati­on like FGB, which shares our vision and values for enhancing customer experience. Our partnershi­p will enable the UAE residents to avail short-term cash advance at any of our close to 150 branches across the UAE, of which 17 are in Dubai metro network. I am sure the accessibil­ity to the customers and the trust which UAE Exchange enjoys among them, adds to this new cash advance convenienc­e, which will bring them immense value in times of need.”

— business@khaleejtim­es.com

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