Today's Edition
ABU DHABI (ALETIHAD)
First Abu Dhabi Bank (FAB) has partnered with the Abu Dhabi Real Estate Centre (ADREC) to integrate FAB’s National Housing Loans (NHL) platform with ADREC’s systems, enabling real-time mortgage validation and instant access to verified property data, the bank said in a statement.
The tie-up is designed to speed up applications, reduce steps and branch visits, and deliver a seamless end-to-end digital mortgage experience.
FAB said the integration consolidates processes from multiple entities into a single platform and introduces electronic signatures and seals to the mortgage journey—part of the bank’s wider digitalisation push.
The initiative also supports environmental goals by cutting paperwork and the carbon footprint associated with in-person processing.
Khaled Al Zaabi, Head of National Housing Loans at FAB, said: “This milestone reflects our commitment to reimagining the customer experience through innovation, advanced digital solutions and strategic partnerships.
"By fully integrating customer experience including the entire mortgage journey within FAB’s ecosystem, we are delivering a seamless and unified experience that elevates housing standards in the UAE, reinforces our leadership in innovation, and creates meaningful, lasting value for our customers and the wider community.”
