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SMEs benefitted from 68 percent of total financing from Emirates Development Bank and partner banks
The bank's net profit before tax reached $2.7 billion, marking a 12 percent rise
The bank aims to nurture resilient entrepreneurial talent and foster a dynamic, knowledge-driven economy
Banks like Mashreq are adapting new technologies to meet customers’ changing preferences
Facility launched in July and was successfully subscribed by seven leading institutions from the Gulf region
The transaction values NEOPAY at approximately $385 million, pending regulatory approvals
The funding aims to boost sustainability within the education sector
The move aligns with the objectives of the National Strategy for Industry and Advanced Technology, Operation 300Bn
The oversubscription highlighted the bank's financial strength and prudent management
Banks demonstrated resilience and proactive strategies in adapting to market conditions
Cementing bank's position as a sustainability trailblazer in MENA
