Business Weekly

Bank retail expansion on fast track

May 27 - June 2, 2009
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Shamil Bank, a leading Bahrain-based Islamic commercial and investment bank and a wholly-owned subsidiary of Ithmaar Bank, said it was pushing ahead with aggressive expansion plans for its retail operations.

Shamil Bank has, this year, already commissioned three, new Automated Teller Machines (ATM) in offsite locations across Bahrain, and is set to formally commission a fourth in a few weeks. Another two offsite ATMS, including a drive through, are also scheduled to be commissioned this year.

"We have long recognised the importance of being as close as possible to our customers and ensuring we remain, at all times, easily accessible," said Shamil Bank retail assistant general manager Mohammed Janahi.

"This underlying customer-based philosophy, underscores our long-standing commitment to delivering convenient, secure, customer-friendly banking to our diverse customer base," he said.

"To help translate this strategic commitment into a tangible reality, we are pushing ahead with our ambitious expansion plans," said Janahi. "This year, we will push particularly hard," he said.

In addition to the six ATMs that will be commissioned this year, Shamil Bank also plans to inaugurate two new branches. This will bring the total number of Shamil Bank branches in Bahrain to 11.

"We have just commissioned an ATM at the Bahrain Club and another at the particularly busy Muharraq Souq," said Janahi.

"In addition to helping increase our already prominent presence across the kingdom, these new ATMs will go a long way towards improving the convenience of banking with Shamil," he said.







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