Al-Hilal Bank in strategic tie-up with SEWA to facilitate customer bill payment processes.
Al-Hilal Bank, the freshest face in Islamic Banking, signed a memorandum of understanding with Sharjah Electricity and Water Authority (SEWA), the Electricity and Water distribution Company, allowing customers to process their utility bills payment through the bank's channels.
The MOU was signed on 7th April by Mr. Ibrahim Rashid, Deputy Director General from SEWA and Mohamed Zaqout Head of Personal Banking of Al-Hilal Bank.
"We are pleased to announce our partnership with SEWA as our latest move to increase services and convenience for our customers" said Mohamed Zaqout, EVP and Head of Personal Banking, Al Hilal Bank
"Al-Hilal Bank is setting up innovative and diverse payment systems in line with modern technology for the convenience of our mutual customers; this strategic partnership allows the bank to offer new facilities for SEWA bills payment in an online environment, and through the various channels of the bank" continued Zaqout.
Launched in June 2008, Al-Hilal Bank prides itself in taking a progressive approach to providing its customers with accessible Shariah-compliant banking solutions. It has been a major player in a number of strategic partnerships since its launch, namely with Etihad Airways, Etisalat and the Abu Dhabi Fund for Development.
Most recently, the bank's branch network has witnessed uninterrupted expansion, with the latest opening of Al Hilal Bank - RAK Branch that was inaugurated by H.H. Sheikh Saud Bin Saqr Al Qasimi Crown Prince of Ras Al Khaimah last month and him becoming the first customer, allowing for even easier access to its Shariah-compliant services. Additionally, Al Hilal Bank's flagship branch, The Financial Mall at Al Sahel Towers, Corniche - Abu Dhabi, received industry accolades at the Middle East Retail Banking Awards when it won the award for Best Customer Experience.
