Only bank in the new extension of the mall and installation of four ATMs
United Arab Emirates, Dubai, 6th September 2010: In line with its strategic plans, Mashreq, one of the leading financial institutions inaugurated its latest branch in Mall of the Emirates. The new extension of the mall 'Fashion Dome' hosts over 40 new luxury stores including restaurants and accommodates some of the brands, which entered UAE market for the first time.
Douglas Beckett, Head of Retail Banking Group, said, "We are very pleased to open in the new extension of Mall of the Emirates, which symbolizes our commitment to expand across the UAE. We are continuously expanding our branch network, growing our customer base and launching various products and services. We will shortly open two new branches in Abu Dhabi and Dubai to enhance network."
Mashreq also installed ATM machines in the mall, to have a total of four machines conveniently located inside the mall and metro station for customers. All these machines offer deposit and cash withdrawal.
"Our strategic focus is to offer our customers a convenient experience of comprehensive banking services. This includes facilitating customer friendly atmosphere and offering various banking services under one roof, be it in a branch, an ATM location, MashreqOnline or Mashreq MobileBanking. Our extensive network enables us to attend to our wide customer base across the UAE, said Gavin Sanderson, Head of Distribution, Mashreq.
The new branch is intended to meet banking requirements to visitors of the mall, offering them with the utmost convenience. The branch has the distinctive new look and feel design that Mashreq launched across its branches and outlets earlier in the year. The new state of the art design creates a more personalized, bright, friendly and relaxed environment for its customers.
The new MOE Mashreq branch will be open during the Holy month of Ramadan from 8am to 2pm and 8pm to midnight (Saturday to Thursday) and 8pm to midnight (Friday). After Ramadan, it will operate from 10am - 10pm Saturday to Thursday and 2pm to 10pm on Fridays.
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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.
For further information, please contact:
Samir Hammad
PR Manager, Mashreq
Tel: 04 -6083701
Mob. 050-8832021
Email: SamirH@mashreqbank.com
Huda Ismail
Asst. PR Manager, Mashreq
Tel: 04 - 6083629
Email: HudaI@mashreqbank.com
Nancy D'Souza
Gulf Hill & Knowlton
Tel: 04 334 4930
Email: Nancy.DSouza@hillandknowlton.com
© Press Release 2010
