19 March 2013, Dubai, UAE: United Arab Bank (UAB), the fastest growing bank in the UAE, has ambitious plans to expand its services to the Small and Medium Enterprises (SME) segment.
UAB have been providing working capital solutions to commercial entities for several decades. In 2012, the Bank responded to growing demand from SME customers for a specialized service offering. The bank now offers a full range of simple SME solutions, backed by a commitment to provide market-leading levels of service.
The bank is firmly committed to the UAE national vision for the SME sector. Importantly, UAB recognizes that its SME customers require fast and accurate service, whether opening an account or conducting any type of transaction. Such services are often provided at the location of the business for additional customer convenience.
Paul Trowbridge, CEO of United Arab Bank, commented: “With an unrivalled understanding of the local banking sector and having been catering to the UAE economy for the past 37 years, we are well positioned to contribute to this segment with innovative offerings. Our commitment to the SME sector is further reinforced by the fact that our director, Najla Al Midfa, is actively associated with the prestigious Khalifa Fund for Enterprise Development.”
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