Home Banking & Finance ADIB launches B2B marketplace to empower SMEs

ADIB launches B2B marketplace to empower SMEs

The online platform is an ecosystem for SMEs and allows businesses to digitally access multiple services and offers

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Abu Dhabi Islamic Bank (ADIB) has launched a digital marketplace designed to provide comprehensive support to small and medium-sized enterprises (SMEs).

ADIB Business Souq, as the all-in-one digital platform is known, seeks to reduce the cost of doing business by offering a wide range of exclusive offers and discounts.

The platform is an online ecosystem for SMEs which allows businesses to digitally access multiple services and offers. It adds new services and offers from various businesses in the UAE.

Users can access these offers by visiting the ADIB Business Souq platform, where they can log in using their UAE mobile number, name and a one-time password (OTP).

“The ADIB Business Souq is a game-changer for SMEs in the UAE. It is a one-stop platform that digitally connects SMEs with essential services such as accounting, HR, consultancy, and IT, all digitally accessible,” said Amit Malhotra, Global Head of Retail Banking at ADIB.

Furthermore, users will receive email and SMS notifications once a request is raised and they can also be tracked in the history tab. They will then receive a call from partner brands to discuss their requirements and finalise pricing after applying discounts.

ADIB is committed to supporting SMEs beyond the Business Souq, the platform is not exclusive to ADIB customers and is accessible to all SMEs in the UAE.

Additionally, business owners can expect a ready community of suppliers, all available through this free-of-charge service to access a wide array of services and offers. New SME customers can open an ADIB account instantly through a fully automated process.