Islamic Bank of Britain Plc
19 September 2006
Islamic Bank of Britain launches internet banking
Islamic Bank of Britain (AIM: IBB) has today launched a new internet banking service which will be available to all UK based customers.
The launch of the new internet banking facility will mean that Islamic Bank of Britain's unique service is now available to a much broader range of customers, in particular younger customers who lead busy lives, are more technologically focused and often prefer more direct banking facilities rather than traditional branch banking.
Ashraf Piranie, finance director of Islamic Bank of Britain, commented: "To date, most of our customers have tended to be those who live near to our branches. We see the launch of our internet banking as a major milestone in the development of Islamic finance in the UK, which will make it accessible and appealing to more of the UK Muslim population regardless of location. In tandem with our new direct savings account, this new online facility will enable customers to manage the shift to and from their current and savings accounts at the touch of a button. This is particularly important for affluent, professional Muslims aged between 25-54 who comprise our biggest growth opportunity and are demanding online and direct banking facilities."
For more information see www.islamic-bank.com
Issued on behalf of the Islamic Bank of Britain by McCann Erickson PR. McCann House, Highlands Road, Shirley, Solihull, B90 4WE
For further information please contact Caroline Hosie on 0121 713 3829 or by email caroline.hosie@europe.mccann.com
GRANT THORNTON CORPORATE FINANCE, Nominated Advisor:
Gerry Beaney (0870 991 2589)
KEITH BAYLEY ROGERS, Broker:
Howard Drummon (020 7253 7502)