Sharjah Islamic Bank brings out new digital banking services for corporates

By Shilpa Annie Joseph, Desk Reporter
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UAE-based fully Shariah-compliant bank, Sharjah Islamic Bank (SIB) has introduced its new corporate digital banking services, which will provide customers with an integrated banking experience that is fast, flexible, and secure.

Mr. Rahma Mohammed Al Shamsi, Head of Corporate Banking Group, Sharjah Islamic Bank, has stated that the launch is part of the bank’s efforts to allow firms to get a seamless digital banking experience.

Further, it enables to easily access services, such as completing transactions electronically with multi-step authentication, without having to visit branches, thereby enriching corporate users’ banking experiences and enabling them to conduct transactions easily and securely.

Mr. Al Shamsi further noted that the COVID-19 pandemic has posed new challenges in corporate banking, particularly for small and medium-sized businesses, in terms of gaining easy and seamless access to digital banking services, as well as providing facilities that allow them to conduct business and transactions remotely and obtain flexible banking services.

Waleed Alamoudi
Waleed Alamoudi
Head – Digital Banking

“Corporate digital banking includes many services that can be accessed around the clock and from anywhere, such as current accounts, term deposits, trade finance, documentary credits and guarantees as well as remittances, bill payments, commercial license update, salary transfer, approvals, cheque book requests, commercial facilities, and other requests. that Sharjah Islamic Bank is keen to provide the highest levels of security in its modern digital banking services based on biometrics technology that allows the possibility of identifying the user through fingerprints or facial recognition. The bank has also developed an interactive model for customers to ensure the provision of a comprehensive and integrated digital service to customers.”

According to the statement, the bank has succeeded in increasing its range of services by offering new digital services for the corporate sector to deliver an integrated and comprehensive digital experience for the bank’s current and future customers via the Internet and mobile phone.

Further, Sharjah Islamic Bank’s new corporate digital banking services can be accessed via the bank’s official website, or by downloading the new SIB Business corporate banking application, which is available on the Apple Store, Galaxy Store, App Gallery, and Google Play.

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