22 January 2015
A fully fledged branch offering customers the opportunity to experience banking service at its best

Dubai - In line with the bank's network expansion strategy, UAE's leading financial institution, Mashreq proudly announced the opening of its latest branch located in Karama, offering customers a wide range of products and innovative financial solutions.

Located at the heart of Karama Market, the 2,695sqft. branch will feature Mashreq's E Cube Retail Concept which offers customers speedy, smart banking and interactivity with the latest technology led devices.

The official launch was attended by senior management, staff and customers of Mashreq led by Farhad Irani, Head of Retail Banking and Shaker Zainal, Regional Head of Distribution.

Shaker Zainal, Regional Head of Distribution, said: "We are proud to be opening a new branch and establishing a presence in the heart of Karama Market, which is a very strategic location for us. The opening in Karama is a key achievement and underlines the Bank's expansion strategy is on track. Most importantly, we continue to show our commitment towards extending our technology and innovations to the area, in view of maximizing the customer experience. Service is in the focal point of everything we do and the E Cube Retail Concept not only helps us do that but also offer unparalleled digital services."

Mashreq Gold, the priority banking division of the Bank, will also be available in the branch offering customers wealth management and priority support.

Mashreq's branch in Karama will be operational from 8am to 4pm Saturday to Thursday and will offer a complete range of products and services.

-Ends-

About Mashreq
Mashreq is one of the UAE's leading National Financial institutions and the second oldest. Founded in 1967 as Bank of Oman, the bank has played a pioneering role in the industry, particularly in retail banking. Among its many firsts, it was the first to launch such products as travellers' cheques, credit cards and ATMs.

In 2014, Mashreq has launched a new corporate identity that builds on its history of innovation and customer service and illustrates to the wider world just how committed it is to its customers, to the continued building up of its comprehensive expertise and market knowledge, and to nurturing its absolutely top-class reputation in the industry.

The Bank has received numerous international awards reflecting the bank's successful record, such as Gallup Great Workplace Award 2014, Best Regional Retail Bank by Banker Middle East Industry Awards 2014, SME Bank of the Year by Arabian Business Startup Awards 2014, Best Islamic Window by Islamic Business & Finance Awards 2014, Best Local Bank -UAE, Best Loan House - UAE, Best Regional Investment Bank - Middle East by EMEA Finance Middle East Banking Awards 2014, Best Use of innovate Technology in the MEA Regional by MasterCard Innovation Forum 2014, Best Investment Bank - UAE, Best Commercial Bank - Qatar from World Finance Banking Awards 2014, Best Retail Bank UAE, Best Corporate Bank - Qatar, Best Customer Service Bank - Qatar by Global Banking & Finance Review Awards 2014 and the CSR Label for the fourth consecutive year by Dubai Chambers for its sustainability efforts in the community it serves.

As a leading financial Institution in the UAE, Mashreq aims to be world class in every facet of its business; including its social responsibility to the community it serves in. Towards this goal the bank pays particular attention to recruiting, training, developing and retaining UAE National employees.

Huda Ismail         
Public Relations, Mashreq   
Tel: 04 -6083629    
Email: HudaI@mashreq.com  

Nssrin Khalil
Public Relations, Mashreq
Tel: 04 - 6083836
Email: NssrinK@mashreq.com

© Press Release 2015