Home Banking & Finance ADIB-Egypt unveils Shariah-compliant private banking for HNWIs

ADIB-Egypt unveils Shariah-compliant private banking for HNWIs

The personalised proposition is designed to offer a premium range of wealth management services catering to clients with account balances starting from EGP 20 million upwards

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ADIB-Egypt has unveiled its exclusive portfolio of private banking services, providing an unrivalled Shariah-compliant banking proposition for its high-net-worth (HNW) clients.

The personalised proposition is designed to offer a premium range of wealth management services catering to clients with account balances starting from EGP 20 million upwards, or the equivalent in other currencies.

Customised to optimize the specific financial and lifestyle goals of clients with a determined value of assets and resources, ADIB-Egypt’s private banking delivers an exclusive experience via a holistic platform of wealth management services.

“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. Our premier Shariah-compliant services are designed to set the benchmark for high-net-worth management in a constantly evolving landscape,” said Mohamed Aly, ADIB-Egypt Managing Director.

This includes the eligibility for unsecured financing of up to EGP 10 million and receiving premium covered cards (cashback) with a limit of up to EGP 1 million.

ADIB-Egypt’s private banking platform provides exclusive access to financial advisory services to help clients achieve the full potential that their wealth can create.

The Islamic bank is also introducing a new service granting clients exclusive access to premier banking products and services in the UAE. The 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.

ADIB-Egypt’s private banking clients will 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.