17,000 customers downloaded the application
United Arab Emirates, Dubai, 19th 2010 - Mashreq's Mobile Banking iPhone application has ranked highest in the Apple UAE iTunes store 'finance category' for the month of September and October 2010. Since the launch of the service in 2008, the application was downloaded over 17, 000 times by customers across all supported devices, which includes Apple BlackBerry and Java enabled smartphones. Mashreq Mobile Banking witnessed 100% growth in active users since the launch of BlackBerry and iPhone applications.
Providing a fully transactional mobile banking service supporting Apple iPhone, iPod Touch, iPad devices and BlackBerry, Mashreq Mobile Banking application provides fullest functionality of any mobile banking solution in the UAE and is a user-friendly solution for managing and tracking finances around the clock. Customers using this service enjoy easy access to their bank accounts through their mobile phones 24/7, from any GPRS / 3G / wireless (Wi-Fi) network, anywhere in the world.
"At Mashreq we are fully committed to providing our customers with the most convenient banking solutions throughout the UAE, anywhere and anytime," said Gavin Sanderson, Head of Distribution, Mashreq. "Our mobile banking application is available in both Arabic and English enabling customers to connect with their bank account in a safe and secure manner. Mobile banking is a key service for customers and we constantly strive to bring distinctive banking solution that adds value at the times when we know they need it most."
Mashreq's mobile banking services include full access to the details and transactions of personal bank accounts, as well as making Credit Card, utility bill payments and transferring funds anywhere in the world instantly.
Signing up for Mashreq Mobile Banking is simple and straightforward. All that is required is an active Mashreq account, and a mobile phone with an 'Etisalat' or 'du' subscription. Users can register for the service through MashreqOnline by downloading the mobile banking application to their phones; the process is quick and easy to follow. Once installed, the customer is free to use the Mobile Banking service at their own convenience, completely free of charges from the bank. The only cost is the nominal data charges as applied by the network telecom operators.
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About Mashreq:
Mashreq is one of the largest banks in the UAE. 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 such as the Best Bank in the UAE in 2008 from Euro money and various awards particularly for quality management. It's most recent acknowledgement was Best Consumer Internet Bank in Qatar 2009 & 2010, Best Consumer Internet Bank regionally by Global Finance Awards 2009 and Best Emerging Market Banks Middle East by Global Finance Awards 2010.
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. Towards this goal the bank pays particular attention to recruiting, training, developing and retaining UAE National employees.
© Press Release 2010
