The First Abu Dhabi Bank-Egypt signed an agreement with Egyptian Life Takaful Insurance Company (gig) to launch banking insurance products and services. Under this agreement, various options will be offered from the company’s insurance products to the bank’s customers.
According to Ahmed Ismail Hassan, CEO of the bank, the partnership with gig will contribute towards the continued efforts of the bank to provide the best banking and insurance services to its customers, via a smooth and simple system. This will enable the bank’s clients to benefit from the insurance services and products provided by the company, which are commensurate with their future plans and financial needs, and support their aspirations to grow together.
According to Ramah Asaad, managing director of gig, the agreement is one of the company’s main tools of banking activity in Egypt, taking into account the strength of the geographical coverage of the bank and its ambitious expansion plans.
Asaad confirmed his confidence that the bank and the company are capable, through their joint cooperation, to provide a distinctive model for banking insurance, through a variety of insurance products that suit the needs of all bank customers.
The First Abu Dhabi Bank is the largest bank in the UAE, and one of the largest financial institutions in the world.