26/09/2017 05:59 AST

Mashreq Bank has partnered with Diebold Nixdorf to streamline the bank’s in-branch cash cycle management processes by implementing automation technology across select UAE branches.

A statement on Monday said that the cash recycling systems coupled with multi-vendor software will enable Mashreq to drive operational efficiencies, increase cash security and enhance customer experience.

Diebold Nixdorf’s automation technology serves as part of the transaction process by automating cash handling, mitigating the security risk of exposed cash and detecting counterfeit notes.


Gulfnews

Mashreq Bank posts 12% rise in net profit

16/10/2017

Mashreq's CEO, HE AbdulAziz Al Ghurair, said: “It has been a period of muted growth for the UAE banking system with the banking sector Gross Credit growing by only 0.3 per cent as of August 2017. How

CPI Financial

Dubai Government, Mashreq sign agreement for payment collection

10/10/2017

Dubai Government on Monday signed a partnership agreement with Mashreq Bank to collect payments made via Smart Dubai Portal. Under the agreement, Mashreq Bank is to become an acquirer of payments mad

Gulfnews

UAE's oldest bank launches digital-only Neo

04/10/2017

The new bank provides a complete package of modern mobile and online banking services, including Samsung Pay wallets, carldess ATM transactions, Facebook Messenger chatbots, PFM tools, international

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Commercial start-up of new cement mills at Arabian Cement Co.’s Rabigh plant has been delayed to 3Q18. The mills had been expected to go into operation in 4Q17 but construction work is still ongoing.

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NBK named Best Bank in Kuwait 2017 by Global Finance

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Reuters

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WebWire

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Press Release