H.E. Eng. Abdullah Al Muwaiji, Chairman of the Ajman Chamber of Commerce and Industry (ACCI), praised the banking sector's efforts in supporting economic growth and achieving UAE goals in the various industrial, commercial, service, tourism, real estate, and infrastructure sectors. Furthermore, it is critical in providing different and creative finance packages to promote the business growth of business owners and private sector enterprises, thereby raising the domestic output and export volume.
He remarked that the rise in global economic inflation indicators necessitates banks to consider lowering lending fees in order to encourage economic growth in general.
This came during his meeting at the Ajman Chamber’s headquarters with Mustafa Al Khalfawi, CEO of Ajman Bank, in the presence of H.E. Sheikh Sultan bin Saqr Al Nuaimi, Second Vice Chairman of Ajman Chamber, H.E. Salem Al Suwaidi, Director General, Mohamed Ali Al Janahi, Executive Director of the Trade Development and International Relations Sector, and Maryam Al Shehhi, Director of the Financial Resources Department at Ajman Chamber, as per zawya.
At the start of the meeting, Al Muwaiji welcomed everyone and congratulated Mustafa Al Khalfawi on his new role as CEO of Ajman Bank. He emphasized that the Ajman Chamber is eager to strengthen relations and partnerships with Ajman Bank and open sustainable channels of communication in order to increase opportunities for cooperation between Ajman Bank and private sector establishments that are members of the Ajman Chamber, as well as to provide innovative financing packages that keep pace with business owners' aspirations, particularly given that the Ajman Chamber is the main gateway to the private sector.