CITY UNIVERSITY LONDON AND ITS CASS BUSINESS SCHOOL SIGN MOU WITH ABU DHABI COMMERCIAL BANK

Agreement aims to facilitate financial support for students and potential candidates through ADCB’s 'Banking on Education' initiative and ‘Smart Loan’ scheme

Dubai, 7^th September 2014: Cass Business School, part of City University London, has signed a Memorandum of Understanding (MoU) with Abu Dhabi Commercial Bank (ADCB), which will enable its current students and potential candidates to benefit from a range of comprehensive financial services and solutions.

The agreement forms part of City University London’s wider commitment to support its students, as well as contributing to the overall academic development of the Middle East region. The MoU enables students to take advantage of ADCB’s 'Banking on Education' initiative, a programme that provides tailor-made financial services to students.

The bank’s ‘Smart Loan’ offers students loans of between AED 10,000 and AED 250,000, and is available for any course offered through City University London’s Dubai Centre, including its prestigious Cass Executive MBA, and Masters programmes in Aviation.

Commenting, Ehsan Razavizadeh, Regional Director and Head of Dubai Centre, said:

“Our agreement with ADCB increases the financial options and provides greater flexibility for both existing students and potential students who want to join one of our leading academic programmes.

As a dedicated education provider we are constantly seeking to enhance the support we can provide to our students. We hope that through this agreement we are helping to make further education, study, and a commitment to excellence a reality for more people in the region.”

Kaizar Patla, Head of Retail Assets at ADCB, said:

“Through their academic programmes, Cass Business School, City University London aims to contribute to the creation of a knowledge-based economy in the UAE and wider region. ADCB’s 'Banking on Education' initiative and ‘Smart Loan’ helps to facilitate this by providing valuable and practical financial options to all students, helping them to realize their goals. At ADCB, we believe in ambition and therefore believe fully in supporting our customers by providing an optimum range of comprehensive services and financial solutions that help them to benefit from stable and high-quality education opportunities.”