Bank account services in u.a.e.
There are four types of banks that operate in the UAE, as follows:
- Commercial banks
- Investment banks
- Industrial banks
- Islamic banks
In recent years, banks in the UAE have expanded their services to cater to consumers mindful of Islamic financial requirements with Shari’a banking services. There are eight full-fledged Islamic banks and 23 Islamic windows set up by conventional banks in the UAE. Collectively, these institutions account for 19% of the total banking sector assets.
Banks in the UAE have adopted several global standards, including the International Accounting Standard, the International Financial Reporting Standards, and most recently, the capital adequacy regulations in line with Basel III regulations. All banks operating in the UAE offer services in English and Arabic.
1Our team of experts provide to our customers a wide range of services with the help of experienced bankers from most of the banks in the U.A.E.
2We fully understand that business bank account is extremely important to run any company. However, some companies usually struggle with the process of opening business bank account
3We can offer our clients guidance and make the process of opening a bank account a hassle-free experience.