ABU DHABI, November 1st, WAM – First Abu Dhabi Bank has completed a complete digital transformation process for opening small and medium-sized companies’ accounts through the “Bashr” portal.
The UAE government, represented by the Proactive Services Department at the Ministry of the Possibility, launched a “Bashr” portal to facilitate the establishment of companies’ businesses within a period of up to 15 minutes, without the need to submit documents or visit any of the customer service centers. The “Bashr” portal provides a unique digital experience to explore market conditions, establish business, and obtain all licenses and supporting documents through simple steps that allow investors to start practicing their business immediately.
First Abu Dhabi Bank has cooperated with various concerned government agencies over the past months to provide innovative solutions that enrich the range of services available on the “Bashr” portal, including the possibility of opening corporate accounts within 24 hours without filling out any forms or forms. This initiative is considered the first of its kind in the region.
Sarah Al-Binali, Executive Vice President and Head of Business Banking Services at First Abu Dhabi Bank, said: We are always looking to provide our customers with innovative solutions that help them grow and plan their businesses better and more effectively.
The new solutions that we developed with our government partners represent an important step towards enhancing the “Bashr” service package by giving small and medium enterprises throughout the United Arab Emirates the opportunity to benefit from an easy and simple virtual experience when opening accounts for their companies. We continue to enrich the range of digital services available to our customers, and we will continue to work on developing innovative solutions that fit the needs and aspirations of entrepreneurs and owners of small and medium enterprises.
Salil Ahuja, Senior Vice President and Head of Business Banking Services Offerings at First Abu Dhabi Bank, said: We are proud of our participation in launching digital signature verification solutions, providing a seamless and fast experience to open digital accounts for SMEs. Our cooperation with the Ministry of the Possibilities and the Telecommunications Regulatory Authority is a testament to our deep commitment to support government efforts and initiatives that contribute to accelerating the growth of the SME sector and providing it with an ideal environment for doing business.
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