Emirates Islamic announced on Friday that it has been mandated as the lead cash management service provider for the entire UAE financial operations of the Kimera Group.
“We are pleased to partner with Kimera Group to deliver digital banking solutions to meet their advanced financial needs. With a focus on innovation, operational excellence and client-centric solutions, we continue to strengthen our position as a trusted partner to corporate clients, further reinforcing our position as a key player in the UAE’s banking sector,” said Mohammad Kamran Wajid, deputy CEO, Emirates Islamic.
Bank to facilitate payroll services
Emirates Islamic will provide Kimera Group with a comprehensive suite of innovative digital and operational solutions. This includes access to its digital banking platforms businessONLINE and smartTRADE, Smart Cash Deposit Machines (SCDM), Cheque Scanning ICCS and Remote Cheque Printing, thus delivering seamless and intelligent solutions tailored to Kimera Group’s specific needs.
In addition, the bank will also facilitate payroll (Non-WPS) services and corporate credit cards for the group.
“As a leading Islamic bank in the region, we are committed to providing our customers with digitally-first banking solutions, unlocking efficiency, convenience and empowerment. We look forward to collaborating with Kimera Group to facilitate greater business agility and improved performance, while guiding them through their digital transformation journey,” Wajid added.
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Advancing financial operations with digital banking solutions
For his part, Tariq Al Ghussein, CEO of Kimera Group, noted that partnering with Emirates Islamic is a strategic move in advancing the group’s financial operations with state-of-the-art digital banking solutions.
“Their expertise and innovative platforms will enable us to enhance operational efficiency, optimize transaction management, and drive greater financial agility. This collaboration reflects our commitment to integrating best-in-class financial solutions that support our growth, strengthen our capabilities and position us for long-term success,” he added.
Emirates Islamic Bank has established itself as a major player in the highly competitive financial services sector in the UAE. It offers a comprehensive range of Shariah-compliant products and services across the personal, business and corporate banking spectrum with a network of 40 branches and 229 ATMs/CDMs across the UAE.
In the fast-growing area of online and mobile banking, Emirates Islamic was the first Islamic bank in the UAE to launch a mobile banking app, facilitating the adoption of digital banking solutions among individuals and businesses across the nation.
