ADIB’s digital banking platform for corporates sees double-digit growth

ADIB’s digital banking platform for corporates sees double-digit growth

Abu Dhabi, UAE: Abu Dhabi Islamic Bank (ADIB), a leading Islamic financial institution, has announced today that it has seen double-digit growth in the adoption of its digital banking platform for businesses over the past three years, indicating a rise in customers preferring to make transactions online than at branches.

Aimed at corporations of all sizes, ADIB Direct is a secure and centralized platform that integrates a suite of banking solutions into a single, streamlined interface. Businesses do not need to visit a branch to use the service. The platform is available on the web, mobile and smart watch devices. ADIB Direct automates many services, delivering significant cost and time efficiencies.

ADIB Direct has hit many milestones since its introduction in 2019. The service has benefited 22,588 MSMEs (micro, small and medium enterprises), bringing the number of customers using this service to 23,789. The adoption of the platform has been growing massively year-on-year with 88% growth in number of transactions on ADIB Direct. Additionally, the number of branch transactions fell from 33% in 2019 to 14% in 2022.

ADIB is committed to delivering digital banking innovations that offer convenience and ease. Businesses can access the service without having to visit a branch and