• Thu. Mar 30th, 2023

Top Banks For Business Loans In The UAE

Business Loan

The United Arab Emirates is one of the fastest-growing economies in the world and shows no signs of slowing down. Its banks and financial institutions are having to cater to the increasing demand of customers for personal and business accounts and loans, but where to start when you get there? Here is a quick guide to the top banks in the United Arab Emirates for business loans and personal finance.

Abu Dhabi Commercial Bank (ADCB)

The Abu Dhabi Investment Council is the majority shareholder of this bank. No other financial institution has contributed more to the development and growth of Abu Dhabi and the UAE. The bank provides retail, commercial, and Islamic banking services, and is arguably the biggest bank in all of the United Arab Emirates.

They are experts in arranging business loans in UAE and should be your first stop if you are looking for commercial funding. ADCB has assets exceeding $75 billion in value, so they have all the financial backing you could need for a startup business loan in UAE. This bank is also world-renowned for its high standards of customer service and the kindness of its staff. 

With its long history of developing businesses in the UAE, its huge asset portfolio, and its excellent customer care, Abu Dhabi Commercial Bank is the premier personal and business loan bank in the United Arab Emirates.

Standard Chartered UAE

This bank is one of the largest commercial lenders in the world. Standard Chartered is an international banking powerhouse, with offices in every major financial center on the planet and huge investments in the United Arab Emirates. They also maintain a high level of customer service, which makes them a popular choice in the Emirate.

Their investments have a focus on innovation and technology, so if you have a tech startup they will definitely be interested in finding funding for you. If your business has international aspirations, Standard Chartered can offer you support across Europe, Asia, and the Americas. 

They are also popular due to their sponsorship of the English football club Liverpool F.C., who have a large following across Arabia. No matter what kind of business you are in, Standard Chartered has a business loan package that will be attractive and a global reach that can help you expand.

Abu Dhabi Islamic Bank (ADIB)

This bank has over 70 branches in the United Arab Emirates and over 450 ATMs across the UAE. Abu Dhabi Islamic Bank manages to balance modern commercial banking options with Islamic Sharia, making them a very popular choice for both local people and companies and investors from elsewhere in the Arab world. 

Like their competitors, the Abu Dhabi Commercial Bank (ADCB), the Abu Dhabi Islamic Bank has a long history of investing in the UAE and contributing to its world-leading growth and development. They have lots of options for businesses that want to lend money to fund growth while observing Islamic Sharia.

The UAE has so much to offer. It is one of the most beautiful, vibrant, and fastest-growing places in the world, and a great place to do business. If you are looking for a business loan, the banks of the UAE will be happy to help you.