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Mashreq Bank, a leading financial institution in the United Arab Emirates, has tapped Diebold Nixdorf to streamline in-branch cash cycle management with the implementation of teller automation technology at selected UAE branches.
In combination with multivendor software, the cash recycling systems help to streamline operations, increase cash security and enhance the consumer experience through expedited service, a company press release said.
"The implementation of the teller technology and software is strategically designed to facilitate and cater to both our operational efficiency requirements as well as an improved consumer experience," Aref Al Ramli, head of digital banking and innovation at Mashreq Bank, said in the release.
"Diebold Nixdorf's quick and seamless implementation across our branches helped us take an immediate step forward in line with our mission to make banking a personalized, convenient and secure experience for customers."
Mashreq Bank on Tuesday announced its entry into the non-bank financial institution (NBFI) space in India through an engagement with IL&FS Financial Services Ltd to offer external commercial borrowin
Mashreq, one of the leading financial institutions in the UAE, has posted a net profit of Dh598 million ($163 million) for the first quarter of the year, reflecting a yea-on-year increase of 9.5 per
Mashreq Bank has launched a $1 billion programme for issuing multi-currency certificates of deposits in Hong Kong as the Dubai-lender seeks to expand its presence in the fast growing Asian markets am
Qatari lenders Barwa Bank and International Bank of Qatar are in advanced talks to merge after discussions for a three-way merger with another bank collapsed last week, sources told Reuters on Wednes
Aldar Properties, a leading developer in Abu Dhabi, UAE, said it has signed up global hospitality giant Marriott International to manage one of its most strategically located hotels on Yas Island.
SABIC participated in the 86th annual conference of the International Fertilizer Association (IFA) in Berlin on June 18-20 as the Gold sponsor to underline the vital role played by the company in mee
Air Arabia, the Sharjah-based low-cost carrier, said it appointed advisors to protect its investment in ailing private equity firm Abraaj Group, which last week filed for provisional liquidation.
Bank Muscat, the flagship financial services provider in the Sultanate, has won the ‘Best Trade Finance Provider in Oman’ award by Deutsche Bank. The bank won two awards for its Global Trade Services
Oman Daily Observer