Banking

imported 2024-03-17 17:43:07

Elaf Bank New Islamic Bank in Bahrain

Elaf Bank, New Islamic Investment Bank in Bahrain, CEO, Dr. Jamil El Jaroudi
First of all, Elaf Bank is lucky that we are a new bank, so Elaf Bank’s portfolio was fresh and most of it happened to be in new products. We are not affected. But our problem would be that we have so many good projects in the pipeline and if I cannot place it then like anybody else I will face a recession in my operations and business. Placing these deals is how we make our profits and revenue. If this persists as a long-term economic slowness, Elaf Bank, like any other bank, would be affected.

Tirad Mahmoud

CEO of Abu Dhabi Islamic BankWe have been successful in differentiating ourselves from the others. We don’t emphasise transactions with customers, we emphasise relationships with customers. The customers know the difference. When they deal with a bank that is focused entirely on them and their needs, they feel and appreciate it, as opposed to when you are dealing with a customer for the purpose of selling that customer a specific product.

Ahmed Saad Ibrahim

COO of Sharjah Islamic BankWe have witnessed a remarkable growth rates since transformation, and we have seen huge demand in our recent capital increase through the right issue, which shows that our shareholders as well as our customers have a great confidence in our performance, and the potential for growth in the future.

Mohamed Ahmed-Yahia

General Manager – Near & Middle East of LegrandPeople are looking for more commerce, more comfort, more security, more energy saving, in India for instance we found out in a study that there are 300 million people able to buy Le Grand products. Imagine 300 million people out of 1.1 billion, this is huge for us and is a great opportunity for us.

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