One of the UAE’s best performing banks for over five decades, Mashreq is a leading financial institution with an expanding footprint across the Middle East with a strong presence in the financial capitals of the world with international offices in Europe, Asia, Africa and the US.
As pioneers in the UAE’s banking sector, we share our rich heritage and culture with the people of this nation. Since our inception in 1967, we’ve come a long way and achieved many milestones globally in our 55-year journey. Today, we celebrate our key achievements that have contributed greatly to our growth and success as your most trusted bank. Watch here and discover more.
Mashreq Bank was founded in Dubai in 1967 and has a long history of success and innovation in the financial industry. From its humble beginnings as the oldest bank in the United Arab Emirates (UAE), it has grown to become one of the leading financial institutions in the country, with a strong presence in international markets through its offices in Europe, Asia, Africa, and the United States.
Over the past five decades, Mashreq has consistently provided valuable products and services to its customers and has earned a reputation for being a stable and profitable bank. It has also won numerous awards for its innovative solutions, including the “Most Innovative Bank in the Middle East” from Euromoney in 2020. This award is testament to Mashreq’s commitment to creating value-added products and services and its ability to consistently deliver excellent results for its customers.
Mashreq has always been a first mover in the financial industry and has a pioneering spirit that drives it to deliver innovative products and services that meet the changing needs of its customers. From its early days, the bank has led the development of new products and services, such as foreign trade services, direct banking, and comprehensive mortgage products. It was also the first UAE bank to install ATM cash dispensers, the first to issue debit and credit cards, and the first to introduce consumer loans.
In recent years, Mashreq has continued to lead the way in the financial industry, introducing new products and services such as chip-based credit cards and digital point-of-sale readers. It has also launched an investment fund directly linked to the Indian stock market, further expanding its offerings to customers.
As the UAE has experienced strong and consistent growth in recent decades, Mashreq has also grown and expanded the range of services it offers to its valued customers. It has become an integral part of the financial landscape for businesses and individuals across the country and is dedicated to meeting the changing needs of its customers through its innovative and pioneering spirit.