Dubai Islamic Bank CEO on Expansion Plans, Loan Growth, Dubai Economy

The transcript discusses DIBRUA's growth strategy, focusing on expansion in Africa and Asia. It highlights Dubai's economic outlook, emphasizing the city's capacity creation and consumption model. The bank's loan growth and market share are examined, along with the potential for mergers in Islamic banking. The impact of global market changes and interest rate hikes on the economy and banking sector is also explored.

What phase did DIBRUA enter after completing its consolidation phase?

• Stability phase

• Decline phase

• Growth phase

• Cost-cutting phase

Which regions are part of DIBRUA's expansion plan?

• North America and Europe

• Far East Asia, East Africa, and Southeast Asia

• South America and Australia

• Central Asia and the Middle East

What is the current economic condition in Dubai according to the transcript?

• Rapid decline

• Stagnant growth

• Severe recession

• On the right track

How has DIBRUA's loan growth performance compared to its peers?

• Underperforming

• Lagging

• Matching

• Outperforming

What is a key factor DIBRUA does not compromise on while growing?

• Office locations

• Employee benefits

• Credit quality

• Marketing budget

What is the potential impact of rising interest rates on banks?

• Decrease in customer deposits

• Increase in asset quality

• Adjustment of balance sheets

• Reduction in loan approvals

What is the main objective of the Federal Reserve's interest rate hikes?

• To increase employment

• To curtail inflation

• To boost exports

• To reduce government debt