Cairo, Egypt – ADIB-Egypt has launched its exclusive portfolio of Private Banking Services, providing a Shariah-compliant banking proposition for its high-net-worth clients. This personalized proposition is designed to offer a premium range of wealth management services catering to clients with account balances starting from EGP 20 million ($64 million) upwards, or the equivalent in other currencies.
Customized to optimize the specific financial and lifestyle goals of clients with a determined value of assets and resources, ADIB-Egypt’s Private Banking proposition will deliver an exclusive experience via a holistic platform of wealth management services.
This includes the eligibility to unsecured financing of up to EGP 10 million ($32 million) and receive premium covered cards (Cashback) with a limit of up to EGP 1 million (0.03 million). ADIB-Egypt’s Private Banking platform also provides exclusive access to Financial Advisory services led by specialized experts, to help clients achieve the full potential that their wealth can create.
In addition to the wide range of services offered within Egypt, ADIB is also introducing a new service granting clients exclusive access to premier banking products and services in the United Arab Emirates. This strategic expansion offers clients an exclusive gateway to harness the potential of one of the region’s most vibrant financial hubs, while diversifying their investments and asset base.
“The launch of our Private Banking services portfolio represents a strategic step forward as we bring to the market an extraordinary client service model for a very specific segment,” Mohamed Aly, ADIB-Egypt Managing Director and CEO, said. “Our premier Shariah-compliant services are designed to set the benchmark for high-net-worth management in a constantly evolving landscape.”
Amr Sanad, ADIB-Egypt’s Head of Consumer Banking, said, “ADIB-Egypt’s Private Banking team is determined to redefine wealth management standards. By understanding our clients’ goals and aspirations, we leverage our expertise and vast network to offer strategic solutions to complex financial questions, ultimately helping them safeguard and sustainably grow their financial assets.”
ADIB-Egypt’s private banking clients will also enjoy a region-wide concierge service providing immediate, exclusive and personalized support for a wide array of day-to-day needs, such as travel arrangements and high-end leisure reservations. Clients can also visit any of ADIB’s 20 VIP service lounges across its branch network, which have been specifically refurbished to offer a seamless experience in a sleek space defining the epitome of banking in luxury.
