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StanChart opens financial centre in Abu Dhabi

Abu Dhabi, July 16, 2008

Standard Chartered Bank has opened a spacious flagship financial centre in Abu Dhabi as part of its dynamic expansion plan in the region.

The new facility boasts of a dedicated Saadiq islamic banking centre, priority banking centre, and SME team, all located under one roof in Khalidiya, on Zayed the First Street.
 
The new state-of-the-art branch aims to increase its distribution footprint in convenient locations, and to bring modern lifestyle banking to its increasing customer base, in a strategic partnership with Starbucks Café, said a cabank official.

The new flagship branch was jointly inaugurated by Sheikh Nahayan Mubarak Al Nahayan, minister of higher education and scientific research and Gareth Bullock, Standard Chartered group executive director for Africa, Middle East, Europe and the Americas in the presence of senior bank executives.

The dignitaries examined the latest technologies installed at the Standard Chartered Financial Centre, and toured the branch's different sections.

Sheikh Nahayan said the bank was truly committed to the development of the country and led by example in the community.

'The bank was the first corporation to commit to the Higher Colleges of Technology (HCT) Foundation by sponsoring the Chair in Corporate Finance at the HCT, thereby contributing to the education of UAE nationals. The launch of the Standard Chartered Financial Centre today further demonstrates their continuous support to the growth of Abu Dhabi,' he remarked.

“The opening of our new state-of-the-art Financial Centre is part of our strategy to target areas, and bring services which are more tailored to our customer base,” said Bullock.

“This latest lifestyle branch provides a one of a kind banking experience, offering customers the comfort and convenience of a full fledged bank branch built within a café environment.”

The Abu Dhabi Standard Chartered Financial Centre marks a new milestone in the Bank’s retail strategy to provide a differentiated banking experience to a diverse range of customers including mass affluent customers, reinforcing Standard Chartered Bank’s commitment to exceeding its customers’ expectations. 

“This lifestyle banking concept provides a range of specialised high-end services to serve the needs of the affluent Khalidiya neighbourhood. The café and free internet access within a bank meets the needs of customers who are accustomed to experiencing banking relationships beyond conventional banking services and facilities”, said Jeremy Parrish, CEO of Standard Chartered Bank, Abu Dhabi & Al Ain.

“This latest branch opening follows on from the launch of our Sales and Service Centre in Mussafah that is fully dedicated to SME Banking, and the deployment of 28 ATMs in the Abu Dhabi emirate alone.”

The closure of the relatively smaller Hamdan branch and the opening of the spacious new branch marks the Bank’s eleventh UAE branch, since it opened 50 years ago, making it the largest international operator of branches and ATMs – which has now increased to 128 - in the UAE. 

The Standard Chartered Financial Centre will soon open for night banking until 8pm.-TradeArabia News Service




Tags: Standard Chartered | Financial centre |

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