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DIB wins best consumer internet bank award by Global Finance

8/28/2005 10:09pm

Dubai Islamic Bank (DIB) has won the Best Consumer Internet Banks Award at the country level. This was announced by Global Finance which released the first round winners of the “World’s Best Internet Banks” competition in the Middle East and Africa.

Winners were chosen among entries evaluated a world class judging panel and Global Finance editors were responsible for the final selection of winners in the First Round.

The bank was selected based on the following criteria: strength of strategy for attracting and servicing online customers, success in getting clients to use web offerings, growth of online customers base, breadth of product offering, evidence of tangible benefits gained from Internet initiatives and web site design and functionality.

On the occasion, Saad Abdul Razak, CEO of DIB said: “ The award reflects the quality and level of DIB’s banking services. It also projects the bank’s enormous and continuous efforts to upgrade and develop its services to meet the customers’ needs. The award is another achievement for DIB that received significant awards and recognitions for its leading role on the local and international scenes.”

He added: “ DIB’s services have developed noticeably to meet the international banking standards. These services also proved to be highly advanced and were very efficient in fulfilling the requirements of customers and spare their time and effort. All these factors contributed to enhance the credibility of DIB’s banking services which are now highly appreciated and recognized by customers in the local and international markets.”

Joseph D. Giarraputo, publisher of Global Finance, said: “Banks around the world have continued to refine and expand their internet offerings to corporate and consumer customers. The sophistication and utility of the sites represented in this year’s entries was unparalleled.”

Global Finance is the publication that speaks the language of finance to senior management at the world's largest companies-the people who control the finances, strategies, and major purchases-and to the bankers and money managers who serve them. Global Finance gives its 50,000 subscribers and over 285,000 readers in more than 160 countries the guidance and market intelligence that is critical to operating successfully in this new and exciting environment.

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