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Midan Financial

Midan Financial Announces Major Branch Network Expansion

June 20, 2003

Midan Financial has announced a significant expansion of its branch network, opening 10 new branches across key locations in the UAE, marking the bank's first major growth initiative since its establishment.

Expansion Details

The expansion includes new branches in:

  • Dubai Marina
  • Abu Dhabi Corniche
  • Sharjah Industrial Area
  • Ajman City Center
  • Ras Al Khaimah Business District

Strategic Objectives

The expansion aims to:

  • Enhance customer accessibility
  • Strengthen market presence
  • Support growing customer base
  • Expand service coverage

Service Enhancements

New branches will offer:

  • Full retail banking services
  • Business banking solutions
  • Investment advisory
  • Wealth management

Employment Opportunities

The expansion creates:

  • 200 new job opportunities
  • Career development programs
  • Training initiatives
  • Local talent development

Customer Benefits

Customers will experience:

  • Improved accessibility
  • Extended banking hours
  • Enhanced service quality
  • Convenient locations

Technology Integration

New branches feature:

  • Modern banking systems
  • Digital service capabilities
  • Advanced security measures
  • Efficient operations

Executive Comments

"This expansion represents a significant milestone in our growth strategy. By bringing our services closer to our customers, we are reinforcing our commitment to providing accessible, high-quality banking services across the UAE."
— CEO, Midan Financial

Future Plans

The expansion sets the stage for:

  • Further network growth
  • Service enhancements
  • Market penetration
  • Customer base expansion