Mashreq has inaugurated its 94th branch in the Middle East region with its first branch opening in Kuwait with a capital of KWD15m. The move demonstrates Mashreq’s strategic expansion plans, whilst additionally providing customers with accessibility and convenience to meet their corporate and retail banking needs.
The newly opened branch combines a team of 20 qualified and experienced staff who have undergone training in all aspects of Mashreq’s systems, various products and services. Amongst the team, are heads of retail and corporate business units, as well as other leading positions in the Mashreq family.
Abdul Aziz Al Ghurair, CEO of Mashreq, said:”Kuwait has one of the most successful and sophisticated banking systems in the GCC and holds strategic importance within the overall expansion plans for the bank. We firmly believe that a strong regional network is a key attribute for a successful bank.
“Our world is increasingly interconnected and it is important that customers are able to access their bank no matter where in the world they area, via the internet, telephone or physical presence.”
