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    EIB   AEE000501016

EMIRATES ISLAMIC BANK PJSC

(EIB)
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Emirates Islamic Enhances Digital Leadership by Launching the First Branch with Interactive Teller Machines

03/08/2020 EST

Emirates Islamic, one of the leading Islamic financial institutions in the UAE, announced the launch of its first branch with Interactive Teller Machine (ITM) at City Centre Mirdif, marking a new milestone in the bank's digitization journey aligned with its customer-centric philosophy. The ITMs will offer convenient banking and payment solutions that will allow customers to seamlessly carry out a variety of transactions as well as apply for new products on their own. Marking a first for Emirates Islamic, the new branch will be equipped with two ITMs that offer customers a personalized banking experience via a video personal teller. The ITM, developed by US-based NCR, the global leader in consumer transaction technologies, will offer banking services at extended hours at the City Centre Mirdif branch. The ITM elevates the traditional ATM experience by incorporating a real time video connection that enables customers to interact with a teller, similar to a branch experience, with extended timings. In addition, it offers significantly enhanced services with a human touch, including the option to use Emirates ID to conduct transactions such as encashment or deposit of multiple cheques and enquiries about accounts, in addition to cash deposit and withdrawal.


ę S&P Capital IQ 2020
Stocks mentioned in the article
ChangeLast1st jan.
EMIRATES ISLAMIC BANK PJSC 14.92% 7.47 End-of-day quote.-6.63%
NCR CORPORATION -2.65% 38.9 Delayed Quote.6.36%
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Financials
Sales 2020 654 M 178 M 178 M
Net income 2020 -482 M -131 M -131 M
Net cash 2020 14 327 M 3 901 M 3 901 M
P/E ratio 2020 -90,1x
Yield 2020 -
Capitalization 40 565 M 11 044 M 11 045 M
EV / Sales 2019 18,5x
EV / Sales 2020 44,5x
Nbr of Employees -
Free-Float 0,11%
Chart EMIRATES ISLAMIC BANK PJSC
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Emirates Islamic Bank PJSC Technical Analysis Chart | EIB | AEE000501016 | MarketScreener
Income Statement Evolution
Managers and Directors
Salah Mohammed Amin Chief Executive Officer
Huda Sabih Abdulla Chief Financial Officer
Hesham Abdulla Qassim Al-Qassim Chairman
Suhail bin Tarraf Chief Operating Officer
Buti Obaid Buti Al-Mulla Vice Chairman