Mashreq wins 3 top awards
Dubai, July 3, 2013
Mashreq, a leading financial institution in the UAE, has been recongnised for its retail, technology and Islamic operations at the Banker Middle East Industry Awards 2013, held in Dubai recently.
The bank’s retail operation was awarded ‘Region’s Best Banking Innovation’ for its financial products and solutions such as Mashreq Max, Mashreq GO, Salaam, Snaap, Majestic Loan and the several products designed to give maximum value to its customers, said a statement.
The Islamic banking division Mashreq Al Islami was awarded ‘Best Islamic Window in the Region’, for its Shariah compliant products and services.
The bank was also awarded the ‘Best Technology Implementation’ for its core banking transformation from old to the new systems, which was done over weekends and at times of least customer activity, it said.
Nominees for the awards were selected by a panel of banking and financial experts, which were then voted by the readers of Banker Middle East magazine, based on the institutions’ overall performance, innovations and growth over the last 12 months. – TradeArabia News Service
More Finance & Capital Market Stories
- Qatar 'most expensive country in Gulf'
- Egypt regulator sets rules for index
- Dubai Islamic eyes Kenya, Indonesia for expansion
- ADCB to buy back 3pc of its shares
- GCC insurance growth outpaces developed markets
- Bahrain 'faces budget deficit, inflation challenges'
- Global Payment Services wins key certification
- BBK unveils big India expansion plans
- Kuwait GDP growth to hit 3.5pc in 2014
- Gulf shares tumble over EM exposure cut
- GCC bonds to gain from macro-economic climate
- French Business Council Dubai members up 18pc
- Egypt economy growth seen less strong than thought
- Sharjah approves $4.2bn budget for 2014
- Saudi non-oil sector posts solid growth in Feb
- Seera total income rises to $34m
- NBAD approves 40pc cash dividends
- NBAD sees 8-10pc loan growth
- Al Basel Group launches investment arm
- Union Insurance posts $18m profit
- Oman warns banks on conflicts of interest
- Japan to lend Tunisia $480m
- 400 to join anti-laundering seminar in Riyadh
- Lebanese insurer to head Prague Club
- UAE's first REIT plans $135m IPO
- Bahrain banking industry outlook 'positive'
- New India Assurance opens Bahrain branch
- Qatar sets up mixed business incubator
- Kuwait budget spending up 8pc in April-Jan
- Thomson Reuters to host Mena IFR awards