Dubai Islamic Bank
DIB continues to support the nation's Emiratization agenda as part of its ongoing commitment to develop the leadership skills of Emiratis within the bank. DIB has achieved 100% Emiratisation at branch managerial level, while maintaining best Emiratization scores as per UAE Central Bank requirements. The bank also remains fully aligned with the UAE's National Agenda 2021, and its goal to increase Emiratis working in the public and private sector by a factor of ten. During the 3rd quarter, DIB received its re affirmed credit ratings with 2 international agencies (Fitch Ratings and Moodys) demonstrating the strength and resilience of the bank across key indicators such as profitability, asset quality, liquidity and capital ratios. The bank continues to have sound capital buffers and growth performance remain solid. Both agencies gave a 'stable' outlook for the bank. Short term financing product for Consumer Banking was recently launched providing customers with flexible solutions for their immediate financing needs. The service is available with Personal Finance and Credit Cards and customers can now choose the product and repayment option that suits them best.