Mashreq opens 16 new branches in Abu Dhabi

NEW BRANCHES: Mashreq has opened 16 new branches in Abu Dhabi. (ITP Images)

Mashreq Bank has opened 16 new branches throughout Abu Dhabi and Al Ain, the firm said in a statement on Monday.

“Abu Dhabi has always been one of our primary targets for Mashreq's operations, and given the recent market changes and the increase in commercial trade diverted to the capital, our growth plans have been supported,” said Abdul Aziz Al Ghurair, the bank’s CEO.

“Our strategic growth plans remain very much on track, and along with our significant expansion in Abu Dhabi, we have also seen the opening of new regional branches in Egypt, Qatar and Kuwait.”

The bank is planning to open a further 10 new ATM machines across the UAE capital, bringing the total to 46.

To support expansion plans, the bank has appointed Ali Moosa as general manager in Abu Dhabi and Al Ain.

He said: “Emiratisation remains as one of Mashreq's top priorities. We are proud to announce that today we have reached 47 percent Emaratisation across all Mashreq branches in Abu Dhabi.”

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