12 November 2011

ADCB reaffirms its commitment to SMEs across the UAE's manufacturing sector


Abu Dhabi, 12 November 2011:Abu Dhabi Commercial Bank ("ADCB") today announced its participation in the Middle East Manufacturing Exhibition (MEMEX), taking place from the 14th to 16th November in Abu Dhabi. The event will be held at the Abu Dhabi National Exhibition Centre ("ADNEC"), and organized by Department of Economic Development of Abu Dhabi, where ADCB will be the only Islamic banking partner supporting the exhibition.

MEMEX is regarded as the most important manufacturing sector trade show in the region, offering a dedicated platform for decision makers to source the latest manufacturing technology, machinery, products and solutions.

The partnership between MEMEX and ADCB Islamic Banking reaffirms the Bank's commitment to the manufacturing sector across the UAE, and offers ADCB an ideal opportunity to interact with key leaders, promoting the Bank's full range of SME banking products and services, as well as trade services and financing solutions available through its ProTrade platform. ProTrade, a state of the art trade finance platform, offers local SMEs the ability to transact and view all their trade transactions.

Amr Al Menhaly, Head of ADCB Islamic Banking said: "We are very proud to be able to participate in MEMEX and act as the sole Islamic banking partner. As a provider of banking solutions under the BusinessEdge brand, we welcome the opportunity to meet and interact with key decision makers in the industry, whilst being ideally poised to offer customised solutions under our Islamic banking range of products and services, offered specifically to our SME banking customers.

"MEMEX has become a 'must-attend' show for technical and business decision makers from various manufacturing industries and is therefore a perfect fit for our SME banking business which can cater to their business and financial requirements with various tailor made products and on-site consultation offered by our highly experienced and qualified Relationship Managers."

ADCB remains fully committed to the SME business, its rapid growth and its ability to offer both conventional and Islamic products for customers.