City University London and its Cass Business School sign MOU with Abu Dhabi Commercial Bank
Cass and ADCB agreement provides financial support for students
Cass Business School, part of City University London, has signed a Memorandum of Understanding (MoU) with Abu Dhabi Commercial Bank (ADCB).
The agreement is part of City's commitment to support students whilst contributing to wider academic development in the Middle East region.
Commenting on the MOU, Ehsan Razavizadeh, Regional Director and Head of the 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 provide to our students. We hope that through this agreement we are helping to make further education, study, and commitment to excellence a reality for more people in the region."
The MOU enables students and potential candidates to benefit from 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 (£1,600) and AED 250,000, (£40,000) and is available for any course offered through the Dubai Centre.
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."