The lender aims to invest in the country’s rural infrastructure, including microfinance institutions
The bank’s operating income increased by 24.3 per cent over the previous year to Dhs5.3bn
The account provides customers competitive interest rates on their savings, cashback on all spends and a free noon VIP membership among other features
Deliberations are ongoing and no final decision has yet been taken
The new proposition will enable information transparency and empower Mashreq’s customers to make an informed choice while buying insurance products
The bank’s operating profit for nine months of the year rose by 14.3 per cent to Dhs2.4bn
The platform is expected to help Mashreq respond more efficiently to the funding needs of local businesses and address capital diversification too
The relocation plan is expected to be completed in three phases by October this year
The awards acknowledged champions from across the region’s business spectrum
It has signed an agreement with Dubai-headquartered Mashreq Bank as part of the new deal
Although the Covid-19 situation is straining financial institutions, banks have a major role to play in keeping economies buoyant during the current crisis and beyond
The highest ranking entries from the world of finance in Gulf Business’ annual Arab power list 2020
The UAE’s biggest listed banks ranked by total asset size
The country’s biggest listed banks, as ranked by total asset size