ADCB unveils exclusive banking proposition for UAE Golden Visa customers

By Arya M Nair, Official Reporter
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Abu Dhabi Commercial Bank (ADCB) has launched a new banking proposition designed exclusively for UAE Golden Visa customers to support their ambitions in the UAE.

The launch of the initiative follows the signing of a strategic partnership with the Abu Dhabi Residents Office (ADRO), which was set up by the Abu Dhabi Department of Economic Development (ADDED) to support the emirate’s thriving international community.

ADCB will offer customized banking products and services to meet the unique needs of UAE Golden Visa applicants, who will be able to benefit from mortgages at attractive interest rates. Among other eligibility criteria, ADCB customers can apply for Golden Visa under the Investor category with a minimum of $5,44,510 deposit with the Bank. New ADCB Golden Visa customers will also receive exclusive rewards.

Mohammed Al Jayyash
Mohammed Al Jayyash

“ADCB is proud to be supporting the UAE’s societal and economic objectives by offering exclusive and tailored banking solutions for UAE Golden Visa Customers. This unique segment of customers has ambitious goals and strong ties to the UAE, and we are pleased to be able to offer them a banking service that recognizes and supports their long-term ambitions in the UAE.”

ADCB and ADRO have also jointly endorsed the ‘Thrive in Abu Dhabi’ program, launched last year to boost Golden Visas and open new pathways providing long-term residency for international talent working, creating, studying, excelling and investing in key sectors and specialties in Abu Dhabi.

ADCB’s partnership with the ADRO is one of its latest initiatives to support the objectives of the Abu Dhabi Economic Vision 2030, which has a strong emphasis on growing the Emirate’s diverse community and thus contributing to the development of the UAE knowledge-based economy.

Related: Bahrain brings out ‘Golden Residency Visa’ to lure foreign talent