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 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.