Teller service with Diebold cash recycling solutions

27/09/2017 10:13 AST

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."

Press Release

Mashreq Q1 net profit up 9.5pc to $163m


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

Trade Arabia

Mashreq launches $1bn in multi-currency CDs programme in Hong Kong


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

The National

Mashreq Bank in payment partnership with Alipay


Mashreq Bank on Tuesday announced its partnership with Alipay, the world’s largest online and mobile payment platform operated by Ant Financial Services Group.

The association with Alipay,

Gulf News

Ticker Price Volume
QNBK 151.50 114,023
BURUJ 33.70 111,452
SACO 131.80 10,317
SAICO 20.20 340,877
SABIC 121.17 3,414,217
WALAA 33.44 590,869
STC 83.51 180,817
MASQ Sector Market
Dividend Yield (%)
Relative Strength
  • 1-Month
  • 3-Month
  • 1-Year
Volume Change
  • 10D Avg Vs 90D Avg
Price Vs…
  • 52-w high
  • 50-day moving avg.
  • 200-Day Moving Avg
Ticker Price Change
FAB 12.45 -0.05 (-0.40%)
RJHI 83.58 -0.66 (-0.79%)
NCB 67.01 -0.85 (-1.26%)
EMIRATESNBD 10.90 0.25 (2.34%)
SAMBA 28.58 -0.85 (-2.89%)
Aramco sponsors SPE Symposium


Saudi Aramco is participating as a Diamond Sponsor and exhibitor in the Society of Petroleum Engineers (SPE) KSA section’s Annual Technical Symposium & Exhibition (ATS&E). The event is taking place a

Saudi Gazette

Manazel Real Estate wins Housing & Urban Development Award


Manazel Real Estate PJSC, a leading UAE developer, has won the prestigious Housing & Urban Development Award at the 2018 Global Infrastructure Congress. The award was presented by Dr. Abdullah Belhai

Saudi Gazette

Saudi Aramco arm to start Asian crude trading in third quarter of 2018


Saudi Aramco's trading arm plans to start handling crude in Asia through its office in Singapore in the third quarter of this year and aims to boost its volumes for trading crude and refined products

Times of Oman

QNB-Simplify e-commerce’ product looks to support SME digitisation programme


QNB has launched its ‘QNB-Simplify e-commerce’ product for small and medium enterprises (SMEs) as part of efforts to support the government’s initiative of Digital Transformation of SME programme (DT

Gulf Times

Barwa Real Estate Group posts QR405m net profit for Q1


Barwa Real Estate Group’s net profit attributable to the shareholders of the parent company reached QR405m and earnings per share at QR 1.04 for the first quarter of 2018, down from the net profit o

The Peninsula