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Abu Dhabi Islamic Bank wins Etihad Airways cash collection mandate
(16 May 2010)


Abu Dhabi Islamic Bank (ADIB), a leading regional Islamic bank, today announced that it won the cash collection mandate for Etihad Airways as part of its Cash Management range of services.

ADIB has been selected after a tendering process where almost all major UAE national and foreign banks pitched for this mandate.

About ADIB:

Abu Dhabi Islamic Bank (ADIB) was established on 20th May 1997 as a Public Joint Stock Company following the Amiri Decree No. 9 of 1997. The Bank commenced commercial operations on 11th November 1998, and was formally inaugurated by His Highness Sheikh Abdullah Bin Zayed Al Nahyan, on 18th April 1999. The Bank carries out all contracts, operations and transactions in accordance with Islamic Shari’a principles. ADIB’s mission is to offer financial solutions for the global community and its vision is to become a top tier Islamic financial services group.

ADIB prides itself on its values which reflect the Bank’s commitment to the Islamic Shari’a, and the guidelines of the Bank’s practices adhere to the principles of Islam.


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