JEDDAH, 1 January 2005 — The National Commercial Bank (NCB) has opened its new branch on Prince Sultan Street in Jeddah, which reflects the new architectural design that is in tune with the NCB’s focus on Islamic banking and its new image.
NCB Chairman and Managing Director Abdullah Bahamdan, who inaugurated the branch in the presence of members of the board of directors and executives recently, said that the new branch counts as the ideal bank for the branches of the bank.
Bahamdan said that the opening of the new branch is part of the bank’s program to expand its various distribution channels all over the Kingdom. He assured that the new branch would offer its clients all the banking and financial and investment services that comply with the rules and regulations of Islamic banking work which are approved by the Islamic organization at the bank. The inauguration of the Prince Sultan Street branch is part of the bank’s strategy to open more branches that offer Islamic banking services.
Abdulhadi Shayif, general manager of the bank, mentioned that “the Islamic banking services at NCB include a complete group of investment and financial products, which NCB had developed, and aim to provide for the needs of the bank’s clients who deal in the financial market.”
He concluded his address by thanking NCB clients to whom the bank is offering the highest standard of service possible whether they are individuals or corporations.
The new branch consists of three main areas inclusive of a reception area, customized for complete electronic service so the client can deal with the machines for deposits, withdrawals, payment of bills and dealing with telephone services or NCB services through the Internet. The second area is earmarked for serving Wisam AlAhli clients. This area is equipped with all that this sector may need of investment services and products. The third area is for individual clients and is equipped with the latest exhibition methods and services, which give the new branches its flexibility in dealing with different sectors of clients with simplicity and ease.
