Al Hilal Bank, fully-owned by UAE-based Abu Dhabi Investment Council, has expanded its branch network by opening a new branch in Abu Dhabi to offer variety of Shariah compliant banking products and services.

Al Hilal Bank said that new branch has been opened as part of its strategic expansion plan to strengthen its on-ground presence and services outreach by having 20 branches by the end of 2010.

Al Hilal Bank now has 15 branches and 77 ATM’s across the UAE.

Mohamed Jamil Berro, CEO of Al hilal, said: “Al hilal proves its commitment to further develop the bank’s network to serve more customers offering them competitive Shariah compliant products and services, we look forward to continue with our expansion plans to facilitate our reach to all existing and potential UAE customers.”