Doha 24 August, 2015: Mashreq Qatar, the leading financial institution in the Middle East & North Africa, has been recognized as the 'Best Digital Bank in Qatar 2015' by Global Finance Magazine, New York. Mashreq Qatar is the proud recipient of this award for the 7th year in a row. The recognition comes as a testament of the Bank's efforts to ensure offering an innovative, efficient and unique online platform to its customers.
The Bank has introduced some first of its kind banking solutions, some of the innovative products offered on MashreqOnline include 'Advance Fixed Deposit', which is a unique and tailor-made savings product where customers can receive interest for the entire tenor paid to them on day 1. 'DreamSaver' is another product offered on MashreqOnline. It's a savings account that enables and encourages customers to save regularly in order to achieve a pre-defined financial goal.
Niranjan Mendonca, Head of Retail Banking, Mashreq Qatar, commented: "Over the years, we have been focused on offering not only innovative banking solutions, but efficient offerings to our customers. We value our customer's time and in return offered a platform that can service customers from the comfort of their home or office. To that, Mashreq Qatar customers do not need visit a branch. Our commitment to ensure that our customers are offered the best banking solution anytime, anywhere; has resulted in offering innovative products and processes to enable customers to do all their banking, whether it is transferring money home, requesting cheque books, paying utility bills or changing card limits online or through their smart phones."
Another smart solution offered on MashreqOnline includes user friendly online banking for SMEs, 'SME Direct'. SMEs are able to define financial and authorization limits, initiate trade related requests (LC, LG) as well as view Import/ Export Bills as bulk payments to beneficiaries. They can also check account balances and download account statements instantly, book Fixed Deposits view Credit Card and Loan details and much more.
'Overseas mobile top up' and 'Automatic utility bill payment' are services offered on MashreqOnline to help customers instantly top-up international mobile phones and set up automatic bill payment for Ooredoo and Kahramaa respectively.
Mashreq Qatar products and services are available on MashreqOnline www.mashreq.qa/online
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About Mashreq:
Mashreq is the leading provider of financial services in the Middle East & North Africa and has offices New York, London, Hong Kong and across the world. Founded in 1967, the bank has played a pioneering role in the industry, particularly in retail banking. Among its many firsts, it was the first bank in the region to launch such products as travelers' cheques, credit cards and ATMs. Mashreq has received numerous international awards reflecting the bank's successful record, such as Gallup Great Workplace Award 2014, Best Regional Retail Bank by Banker Middle East Industry Awards 2014, Best Credit Card, Best Debit Card by Smart Card Awards Middle East 2013, and Best Internet Bank in Qatar consecutively from 2008 to 2014 by Global Finance Magazine, New York.
Mashreq Qatar has been offering a full suite of financial solutions for personal banking, corporate banking and SMEs for over 40 years. Mashreq Qatar constantly strives to provide our customers with the most rewarding banking relationships. Mashreq's combination of personalized service and award winning electronic banking enables our customers to enjoy world class banking services from the comfort of their home/office. Mashreq remains the only bank in Qatar to offer its customers unique benefits like Qatar's largest card discount program, the Majestic bundle offering free gifts worth thousands of rials, the Salaam Loyalty Program that lets customers earn points not just on card spend but across their banking relationship, the Platinum Elite credit card offering a wide range of free services including access to the VIP Oryx Lounge at Hamad International Airport, AAA roadside assistance, discount vouchers worth QAR 5,000 and much more. Mashreq Qatar aims to be world class in every facet of its business; including its social responsibility to the community it serves in. Mashreq Qatar has established a state of the art facility, Mashreq Learning Systems Centre of Excellence, which provides employees with top class training to help improve the skill-set of bankers in Qatar. Mashreq also has a particular focus on recruiting, training, developing and retaining Qatari employees
For further information, please contact:
Huda Ismail
Mashreq
PR and Events Manager
Tel: +971 4608 3629
E-mail: hudai@mashreqbank.com
Aseel Bardawil
Hill & Knowlton Qatar
Account Executive
Tel: +974 4441 4781
E-mail: aseelziad.al-bardawil@hkstaretgies.com
© Press Release 2015
