Discounts at 230+ outlets, win back shopping spends, double Salaam Points and much more

United Arab Emirates, 27th February 2013: In its efforts to continue offering superior Card offerings, leading financial institution Mashreq announced a unique promotion - the extension of the Shopping Festival across all its Credit and Debit Cards. Customers can look forward to a wide range of offerings until 31st March, 2013 through the 'Mashreq Shopping Festival'.

During the Mashreq Shopping Festival, Mashreq Cardmembers are up for rewarding benefits to make their shopping experience even more exciting with four unique propositions - Shopping Discounts, Shopping Win back, Shopping Convenience and Shopping Rewards. Mashreq has partnered with over 30 top brands covering over 230 outlets across various shopping categories to offer up to 35% discount on apparel & accessories, up to 25% discount on home furnishing, up to 60% discount on jewellery and up to 10% discount on electronics & watches across the UAE.

Nimish Dwivedi, Head of Payments at Mashreq commented, "Our aim at Mashreq is to ensure that our customers are winners all the way. Based on the phenomenal results and feedback received on our innovative DSF 2013 offers to our customers, we are delighted to extend fabulous shopping benefits and make our Cardmembers' shopping experience even more rewarding with a plethora of discounts across their favourite brands. With Mashreq cards, the festive season is truly all year long."

The offer includes offering double Mashreq Salaam points on all purchases across Mashreq Shopping Festival partner outlets on Mashreq Core Credit and Debit Cards. Mashreq Cardmembers can also look forward to win back their weekly shopping spends whereby one lucky Cardmember every week will win back up to AED 5,000 until the end of the promotion period.

Moreover, Mashreq Credit Cardmembers can ease their repayments with Mashreq's 0% Easy Payment Plan with over 800 outlets to choose from and convert their transactions to equal monthly installments up to 12 months at select partners at absolutely zero interest.

For individuals who do not have a Mashreq Debit or Credit Card, UAE's first instant banking service with 'Mashreq GO' available at select branches allows them to obtain it instantly.

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 travelers' cheques, credit cards and ATMs.

Mashreq has received numerous international awards reflecting the bank's successful record, such as the 'Best Regional Consumer Internet Bank for Online Deposit, Credit and Investment Product offerings' by Global Finance Best Internet Bank Awards 2012, Best Regional Retail Bank by The Banker ME Industry Awards 2012, Best Branch Design Award & Best Islamic Investment Fund Award for Mashreq Al Islami Income Fund from Banker Middle East Product Awards 2012, Dubai Human Development Appreciation Award 2012 for its efforts towards the Development of the Emiratisation initiative.

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.

© Press Release 2013