Mashreq named ‘best local bank in UAE’

Dubai / WAM

Mashreq Bank has announced that it received two awards at the 2017 EMEA Finance Middle East Banking Awards. The Bank was presented with the ‘Best Local Bank in United Arab Emirates’ and the ‘Best Product Launch in Middle East’ for its card-less cash withdrawal for corporates, which is one of an extensive line of products and solutions tailored to specific client needs.
Ahmed Abdelaal, Group Head Corporate & Investment Banking Group, said, “We are honoured to be recognised for our services and capabilities in the banking space, and for pushing the industry forward with new and innovative products and services. We have realised that all of our corporate clients have unique needs and our bespoke service is designed to meet each of their individual demands.”

Mashreq Bank has been at the forefront of innovation for the last 50 years and the awards further reaffirm our position as one of the most progressive banks in the region. We are particularly honored to have been nominated and shortlisted as the ‘Best Local Bank’ in the Middle East.”
Christopher Moore, publisher of EMEA Finance magazine, said, “Mashreq is committed to becoming the corporate digital bank of the future. What brings out the best in this firm is its willingness to tailor innovative client-specific solutions for uniquely Middle Eastern situations. The bank’s steady stream of products and services continue to push the envelope.”
Now in its 10th year, the award ceremony recognises the achievements of the region’s retail and investment banks, as well as their asset management and brokerage operations. The magazine cover banks operating in ten countries, acknowledging their achievements in the past year.