Mbank Wins the “Neobank of the Year 2024” Award

Al Maryah Community Bank proudly received the “Neobank of the Year 2024” Award at the Middle East Banking AI and Analytics Summit!

This award is a testament to Al Maryah Community Bank’s leading impact in revolutionizing the banking industry in the digital business landscape and acknowledging the bank’s excellent track record in terms of user experience, security, the innovation of its solutions, and its exceptional customer service.

Al Maryah Community Bank stood out by launching an innovative, integrated set of safe digital banking products and services for individuals with an outstanding digital experience directly through the bank’s application, which included banking services, virtual cards, payments, innovative products for minors and investment in public offerings in the country, in addition to providing self-services such as depositing checks digitally through mobile and printing out debit cards and checkbooks through Multi-Functional Kiosks (MFKs). Al Maryah Community Bank was also keen to use the latest technologies and establish strategic partnerships in order to enhance the customer experience, as it merged the process of opening bank accounts with the digital identity “UAEPass”. Thus, the process of opening bank accounts became seamless and can be done anywhere in the country in less than five minutes. The bank has also enabled instant cash deposits into its bank accounts through Al-Ansari Exchange’s network of 200+ branches. As for corporates, the bank has made it easy and convenient to automatically open bank accounts for companies through integration with the Abu Dhabi Department of Economic Development investor’s journey platform “TAMM”.

On this occasion, Mohammed Wassim Khayata, CEO of Al Maryah Community Bank, commented: “We are very proud of this achievement, which is an appreciation of our efforts in developing the digital banking services domain. We have defined our goals and strived resolutely to achieve them, to become an example of innovation and a title for excellence. We will continue to support our society in all its categories, individuals and companies, with the best, advanced services that meet their banking and investment needs through a seamless, convenient, and effective digital experience and supports economic prosperity in the country”.